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Technology Stocks : Qualcomm
QCOM 152.50-1.0%Jul 17 3:59 PM EDT
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To: Ming Pan who wrote (47)8/19/1996 8:40:00 PM
From: duncan moyer   of 68
 
* Hambrecht & Quist said its analyst Rakesh Sood raised QUALCOMM INC's
fiscal 1997 revenue and earnings estimates to $1.58 billion and
$1.18 a share, respectively, from $1.5 billion and $1.13 a share. In
a written statement, Sood said he expects additional handset orders
from Canadian CDMA licensees to increase revenues going forward. He
also said Qualcomm will begin to recognize meaningful revenues from
the shipment of wireless telephone infrastructure equipment in the
December quarter. (REUTER 13:32 EDT 08-19-96)
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