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

To: marginmike who wrote (17312)10/28/1998 10:53:00 AM
From: Gregg Powers  Read Replies (7) | Respond to of 152472
 
BTW

If QC reports less than $0.54 for the September quarter, I invite each and every Forum participant (Tero included) to come to Naples and club me in the head :-)

No kidding...just put me out of my misery!

Gregg



To: marginmike who wrote (17312)10/28/1998 10:55:00 AM
From: Peace  Read Replies (2) | Respond to of 152472
 
Lehman has maintained its Buy rating and target ($65). They are also sticking with the high end current qtr estimate of 0.54 (First call 0.50) and think that Q could beat their estimate too. They have reduced 99 estimate from 2.70 to 2.50 based on slower wireless infrastructure growth in emerging markets. I dont see this report as negative. Their 99 numbers were at the high end and are more in line with the street now.


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