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

To: gdichaz who wrote (17755)	11/7/1998 1:12:00 AM
From: mmeggs	Read Replies (2) \| Respond to of 152472

Chaz: Yeah, I think you're right, though I'm no accounting whiz. My company pays me to take advantage of people and do for them what they could easily do for themselves, churn their accounts, recommend inappropriate investments that make me lots of money, etc., rather than know accounting. To me it is one of two things. One, the company gets no credit for the .66 now, but later comaprisons to the .54 number look extremely good. Or two, Q gets the credit now. Of course there is always "Three" where Q gets no credit for the .66, and when comaprisons look really good versus .54 analysts all discount it as an "easy comparison." Kind of like when they complain that Q is all revenue and no profit, and when Q starts showing good profit from increasing margins they criticize slowing (meaning 4% slower growth -- wow) revenue. Damned if they do, damned if they don't. Time for another Scotch. mmeggs