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: P2V who wrote (23543)	2/28/1999 4:00:00 PM
From: Keith Feral	Read Replies (1) \| Respond to of 152472

The next round of meetings for the convergence of CDMA will be taking place next weekend in Brazil. If the meeting is going to meet with any hope of success, the QCOM & ERICY dispute will be concluded. This is the critical meeting for determining the RF standards for 3G. 4 weeks to the end of the quarter. Sprint has been opening a lot of new stores around Atlanta. They are also starting to open new stores in the Mid West - Chicago & Cleveland. Sales comparisons are going to be very easy in the March quarter (June too.) I would not be surprised if QCOM has incremental revenue growth from the December quarter. If the handset levels are on par with the December quarter, the higher levels of infrastructure could generate sales in excess of $950 million. I think this awareness was made obvious in the shareholders meeting. Just ask our friend marc cabi. Why did cabi come out and bump his earnings estimates for FY 99? I doubt that he was out to get QCOM again like he did with the bogus December EPS report. He inaccurately reported that the company was guiding the street to $0.70. As expected he came out ith negative comments after the earnings CC and said they did not meet expectations. Indeed, cabi's latest report appeared to be very objective & almost professional. The only thing that was out of whack was his neutral rating. The visibility for a great year is already in place thanks to the One Rate Plan being offered by Sprint PCS. I wish that Airtouch would get busy & announce a similiar product. One final note, QCOM is the only high tech growth stock with EPS power of $2.75 this year. All the others have announced stock splits. Maybe something will happen in April when the earnings are announced.