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

To: John Hayman who wrote (25440)	3/28/1999 11:40:00 PM
From: Keith Feral	Read Replies (1) \| Respond to of 152472

John: My guess is that QCOM will trade up again - straight into the earnings date on April 20. I think it is worthy to note that QCOM's profitability has gone from 11% ROE to 30% plus with this deal. Think about the profits from handsets alone - 20% net margin on $600 million. That is a $120 million profit. Attach a $50 million profit for royalties. That gives you a $175 million profit for handsets and royalties alone. I project over $6 a share in EPS for QCOM next year.