Zeev's Turnips Patch-No Politics (ZEEV)

[madrose1]

$64 on Q ..now what to do ....oh the excitement of it all Zeev , almost 25%, oops 16-18% raised guidance on the year


QCOM Qualcomm boosts Q2 outlook (59.40 )

Co now sees Q2 EPS (ex-QSI segment) of $0.48-$0.50 vs previous guidance of $0.38-$0.41 (Reuters consensus $0.40); including an estimated $0.01 loss from QSI, co sees EPS of $0.47-$0.49. With respect to revenues, co sees a yr/yr increase of 16-18% (ex-QSI) vs previous guidance of +3-11%. "Record demand for our chipsets and strong growth in virtually all CDMA markets are driving solid financial results for QUALCOMM in fiscal 2004." Separately, co announced that its MSM6250 Chipset has been elected by ZTE Corp for the WCDMA (UMTS)/GSM/GPRS market.