Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jon Koplik who wrote (17610)	11/3/1998 5:14:00 PM
From: mmeggs	Read Replies (1) \| Respond to of 152472

Tero always says funny things. He makes us laugh anyway...

To: Jon Koplik who wrote (17610)	11/3/1998 6:32:00 PM
From: bananawind	Read Replies (2) \| Respond to of 152472

Notes on CC Q&A Session jpMorgan - gross margin sustainability? Qphone ship? margin improve across all bus. Expect improve going forward. But if mix is more phones then may moderate the avg mgn. Comfortable with capacity (100/mo is Q) Lehman - timeline on 3G? Progress Mex buildout? Receivables down? 12/31 date re IP status. Converg work would take time - could be done in the year set aside to flesh out the standard. Mex- some cities turn commercial 1Q99, more through the year. Comfortable with rec collections, improved days outstand. Finace recbles is Gstar, mex, chile. Trend next Qtr is strong xmas handset, infra may weaken a little next Q, chiips overall hold up. Merrill - Handset and asics up sequentially? Yes large portion of infra was mex. status of dialog w Koreans? Hoping to get dispute worked out but no progress to resolve yet. Level of exposure is not material Alex Brown - growth driver next Q? handsets. Grow infra in 99, looking at a lot of markets for that including the US. Asia, see things improving and may get some kick from india. Controlling headcout growth and operating costs. Expect to see some improvementl, expense to decline as % of rev. China? moving slowing due debate aabout army involvement. Still think will eventually be a good cdma market. Japan? Slower start than expected. Had some probs due to six sector deployment affecting standby times. fixing in handset and basestations. Target to improve margins in all businesses Scursi - Cost litigations and leap spin increased G&A VolpeBrown - ASP declines? Yes on handsets as expected, offset by volumes and cost decreases and efficiencies. And by high end (PdQ) type products. ASP is as planned, NOT unexpected. Infrastruct? Yes ASPs coming down but Q costs down and margins up with new, less costly basestations. Think this will increase usage and deployment Cowan- Anticipate handset ASP rate of decline? 20 to 35% rate of decline. Costs coming down to support that and have plans in place to improve margins as ASP comes down. Russia, Congo? Monitoring situation but will take some time. lower level of shipment than formerly anticipated. Reserves taken? Not concerned with the polit prob but with the underlying bus cond and whether demand will hold in face of crisis. Cautiously optimistic. Congo small shipments were paid. Cabi - NO Question bzzzzzzzzzzz Qphone capacity increase, when use. Have prod probs? Prod prob behind us now. Brazil capacity will be used for Brazil. Next Q expect using all capacity they have. Transition into new prods next year. Trying to manage that smoothly. Expect unit demand growth. Watching demand and poss other manufact locations. Growth rate in infra could be higher than in handsets. Sorry guys, out of typing power - Jim