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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Jon Koplik who wrote (13530)8/10/1998 1:59:00 PM
From: Gregg Powers  Read Replies (2) | Respond to of 152472
 
To all:

I have mentioned Mr. Cabi's bearish orientation many times on this thread. I would not pretend to understand his motivation, but I would comment that his analysis has been remarkably inaccurate and his objectivity non-existent.

For example, his published EPS estimate for last quarter was $0.21, yet he still managed to characterize the quarter as a disappointment in his ensuing First Call note. Many of his comments represent gross distortions..for example his cited "weak Comm systems revenue growth" because the company's results were...believe this or not...1% below his published estimate. It would be funny if it weren't for real.

In my humble opinion, Cabi clearly has an agenda and has chosen to substitute what he "wants" to happen for an analysis of what "will" happen.

Best regards,

Gregg