Qualcomm Inc (QCOM)

[Jim Mullens]

k-qc, Re: ERICY Pru upgrade and>>> “ saying the GSM slowdown is now reflected in first half estimates and the company could begin to benefit from a WCDMA uptick in the second half. "This was supported by Qualcomm on their call last night where they commented that chipset orders doubled in the March quarter and expect to see sequential growth in all 2005 quarters,"<<<

Very interesting how the “analyst” community interprets things. I believe Dr. Jha also stated he expected the Q’s WCDMA chipset market share to significantly increase later this year, which could be viewed as a negative for ERICY. The “WCDMA uptick in the second half “ didn’t appear to carry much, if any, weight with some folks covering the Q.