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To: glasart1 who wrote (1343)1/20/2005 11:01:25 AM
From: straight life   of 2936
 
I believe that's called carborundum (EOM)

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From: Apollo1/20/2005 11:20:20 AM
   of 2936
 
Good news on a bad Qcom day........

The January 20th edition of the New England Journal of Medicine has an annual lecture, given this past year by Dr. William Frist, Senator from Tennessee and a past cardiac surgeon, I believe.


The article entails his vision for Health care in the 21st century, and he starts with a hypothetical patient in the year 2015.

"Rodney selected his primary medical team from a variety of providers by comparing on-line their credenials, performance rankings, and pricing.....He owns his privacy-protected, electronic medical record. He also chose to have a tiny, radio-frequency computer chip implanted in his abdomen that monitors his blood chemistries and blood pressure."

Obviously, The Senate Majority Whip, Dr. Frist, envisions a CDMA like chip to wireless transmit medical information for patients.

Wow. I never thought of that one. We've known for a while there was interest in wireless communication between cell phone users and appliances, and that in the future would be an ill-described but likely very real M2M business, ie household utilities sending information to central Utilities, etc, but here is a potentially widespread and unforeseen use. Patient to health care deliverer in real-time.

Will CDMA still be numero uno when this takes off? I don't know, but it is titillating. That's been a reason to invest in Qcom; the unseen but real potential of other profitable endeavors.

Apollo

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To: Apollo who wrote (1346)1/20/2005 11:20:59 AM
From: Eric L   of 2936
 
QCOM in CQ4/FQ1

QCOM Fiscal Q1 Earnings in a Nutshell

* Going into earnings QCOM closed down -$1.55 (-3.64%) at $41.07 on 23.13 million shares traded, with a market cap of $67.32 Bil. Negative sector mood set by strong MOT quarter but conservative forward guidance.

* Qualcomm beats by a penny, guides MarQ revs and EPS below consensus

* Reports FQ1 (Dec) earnings of $0.28 per share, excluding the QSI segment, $0.01 better than the Reuters Estimates consensus of $0.27

* Revenues rose 20.6% year/year to $1.39 bln vs the $1.39 bln consensus.

* Cash, equivalents and investments increased $375M to $8.0B helped by cash flow from operations of $397M and impacted by $176M in cash outlay for acquisitions during F1Q05.

* For FY05, co expects revs excluding the QSI segment of $5.8-$6.3 bln and EPS of $1.16-$1.20 vs Reuters consensus of $6.0 bln and $1.18.

* Company issues downside guidance for Q2 (Mar):

--> Estimated CDMA handsets shipped Q4 revised down from 46m to 41m
--> Sees EPS of $0.25-$0.27 vs. Reuters Estimates consensus of $0.30
--> Revs seen at $1.35-$1.45 bln vs $1.50 bln consensus, ex-QSI segment.

* QCOM sells off AH, opens at $38.37, dips to $37.60, and sheds ~$5 bln of Market Cap

* [so far] Support at ~$37.50 holding.

Seasonal Slump

Things ALWAYS look bleak for Wireless in January. Everyone expects a seasonal slump following prime season, but is never sure exactly how that slump will manifest itself.

Onwards and Upwards!

* Sector is healthy.

* Market leaders in the sector -- QCOM, ERICY, NOK, MOT -- are all healthy.

* Weak Dollar favors QCOM & MOT.

* Transition to cdma based G3G preceeding well.

* Carriers are spending on 1xEV-DO and 3GSM WCDMA 3G Buildouts.

* Expect positive tone at 3GSM World Congress (February) and CTIA Wireless (March)

- eric@cheerleadersRus.org -

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To: Apollo who wrote (1346)1/20/2005 5:19:57 PM
From: John Walliker   of 2936
 
Apollo,

Cambridge Consultants obviously think its worthwhile...

cambridgeconsultants.com 

John

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To: straight life who wrote (1345)1/20/2005 5:24:35 PM
From: kumar rangan   of 2936
 
carborundum

Car·bo·run·dum ( P ) Pronunciation Key (kärb-rndm)

A trademark used for an abrasive of silicon carbide crystals.

n : an abrasive composed of silicon carbide crystals

dictionary.reference.com 

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From: Eric L1/20/2005 5:40:35 PM
   of 2936
 
OT: Paypal EMail Scam

One is in progress and the email reads thus:

Information Regarding Your account:
Dear PayPal Member:

Attention! Your PayPal account has been violated!

Someone with ip address xxx.xxx.xxx.xx tried to access your personal account!

Please click the link below and enter your account information to confirm that you are not currently away. You have 3 days to confirm account information or your account will be locked


I received one today. Several others have and a few were alert enough to call Paypal that verified that it is bogus.

- Eric -

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To: Eric L who wrote (1350)1/20/2005 5:41:48 PM
From: kumar rangan   of 2936
 
I received a couple, and I've never had a PayPal account :-)

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To: Eric L who wrote (1347)1/20/2005 6:47:36 PM
From: Uncle Frank   of 2936
 
Thanks for the excellent summary, Eric! I'm blown away by Q's performance; those cash flow numbers are staggering. If they'd just held guidance...

uf

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To: Apollo who wrote (1346)1/20/2005 7:14:33 PM
From: Jim Mullens   of 2936
 
Apollo, Re: "Wow. I never thought of that one. We've known for a while there was interest in wireless communication between cell phone users and appliances,..."

It's been around for some time- See IH QCOM post below-



IH 03 09 12 CARDIAC MONITORING QConnect CardioNet monitoring device

DR, WOW re: Q and Cardiac Monitoring. I imagine the CardioNet monitoring device includes a CDMA module with a Q MSM and will be another contributor to the non-handset related revenue stream. Also, the QConnect wireless network management service is new to me and also represents another non-handset related revenue stream.

The Best is Yet to Come. jim

Posted by: Data_Rox
In reply to: None

Date:9/14/2003 9:00:05 AM
Post # of 5833



CARDIAC MONITORING: QUALCOMM to deliver wireless data monitoring service to cardiac care providers
Health & Medicine Week
September 15, 2003

QUALCOMM, Inc., (QCOM), together with CardioNet, a provider of mobile outpatient cardiac telemetry technology and services, announced that CardioNet's cardiac monitoring service has been enabled with QUALCOMM's Code Division Multiple Access (CDMA) technology and wireless networking services.

QUALCOMM is providing the QConnect wireless network management service to provide connectivity between the CardioNet mobile monitoring devices and the CardioNet Monitoring Center.

QUALCOMM's QConnect service provides the back-end infrastructure and network management service that allows the device to wirelessly transmit patient ECG data to the CardioNet Monitoring Center, and ultimately deliver succinct, timely information to physicians for diagnosis and therapy management.

The wireless service also allows physicians to select events to be monitored and the level and timing of response by the CardioNet Monitoring Center - from routine daily reporting to detailed statistical reports.

These reports, available by Internet, e-mail, fax, or mail, have been designed to allow rapid review of cardiac arrhythmia events, assisting physicians in making a diagnosis, assessing the severity of a known cardiac rhythm problem, or in managing treatment.

This article was prepared by Health & Medicine Week editors from staff and other reports.

newsrx.net 

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To: Uncle Frank who wrote (1352)1/20/2005 9:14:57 PM
From: Mike Buckley   of 2936
 
Frank,

those cash flow numbers are staggering

Not sure what you're referring to. I was really disappointed in the quarter's free cash flow. The last time the textbook free cash flow (which doesn't take into account the tax benefit relating to stock options) was this low was six quarters ago. Each dollar of revenue generated considerably less free cash flow than in the recent past (the last year or so.)

Having said that, free cash flow should never be measured on a quarterly basis. It's always too volatile to single out one quarter from the others, whether strong or weak. I'm just wondering what it is about this particular quarter that you see is staggering. As an example, free cash flow in Q2 and Q4 of last year were about two to three times stronger than this quarterly report.

Indeed, those two quarters make the trailing free cash flow about $1.7 billion. Yep, that's staggering, and may be what you are referring to.

--Mike Buckley

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