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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (119405)	4/20/1999 4:57:00 PM
From: T L Comiskey	Read Replies (1) \| Respond to of 176387

Mohan....Yup...techs are DEAD...NOT...!!!!!...Tim) Tuesday, Apr 20 1999 4:43PM ET Reply # of 27654 stockselector.com. QUALCOMM REPORTS SECOND FISCAL QUARTER EARNINGS; 4/20/99 4:16:46 PM $.82 Operating EPS, Excluding Non-Recurring Charges SAN DIEGO, April 20 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM) today reported revenues of $932 million and a net loss of $43 million, or $.59 per share (diluted), for the second quarter of fiscal 1999 (see Financial Data comparisons). Excluding non-recurring charges of $166 million associated primarily with the sale of the Company's terrestrial Code Division Multiple Access (CDMA) wireless infrastructure business and the restructuring of its workforce, the Company reported record net income in the second quarter of $65 million, or $.82 earnings per share (diluted). This represents an increase in net income excluding non-recurring items of 250 percent over second quarter of fiscal 1998. Revenues in the second quarter of fiscal 1999 increased 23 percent over the second quarter of fiscal 1998. The growth was primarily due to improved communications systems revenues consisting of strong sales of CDMA phones, Application Specific Integrated Circuits (ASICs) and OmniTRACS, as well as increased royalties.