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: RRICH4 who wrote (28015)	4/21/1999 10:34:00 PM
From: Morgan Drake	Read Replies (2) \| Respond to of 152472

I'm going to say what Wall St. Analysts can't say. EPS this year will be closer to $5.00/share than anything they are forecasting. If anyone listened to yesterday's CC, it was apparent that management couldn't believe what was happening or what they thought might possibly happen. Analysts were awestruck. They fawned. They also never asked unequivocally the final q as to mgmt's real est. of this year's EPS. Mgmt wouldn't have answered it anyway. It's likely to be $5/share. You heard it here first. WStreet Analysts couldn't possibly repeat this or echo Gilder at this stage of the game, even if they knew it to be gospel. They're constrained by the environment in which they operate. They must go up incrementally. BTW, I've seen the major brokerage houses revisions on the telecoms over the last 72 hours. They've been coming in late in the day (4pm-ish--although we're an $80 billion fund, we don't pay up commisssionwise to get the reports earlier-- we mostly index.) In any event, I'm astounded. All the telecom stocks are being revised sharply upward over the upcomming quarters and years. Regards, Morgan