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 Technology Stocks : Qualcomm Incorporated (QCOM)

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To: pheilman_ who wrote (65834)2/2/2000 5:45:00 PM
From: RocketManRead Replies (2) of 152328
 
Q is profitable. Q has a very, very large value chain. OK, kiddies, here's the deal. Amazon reported larger losses than expected tonight, and they are up after hours and CNBC and the analysts are gushing all over them. When is Qcom going to get with the program and start losing money?

The company posted a pro forma operating loss of $185 million, or 55 cents a share, compared to with a net loss of $22 million, or 7 cents a share. Wall Street expected Amazon to lose 48 cents a share. But many analysts braced for losses to widen by as much as 58 cents.
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