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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject	11/6/2001 5:02:30 PM
From: 4rthofjuly007	of 209892

QCOM a dose of reality. 2002 EPS reduced to 1.10 to 1.20. Stock is at 48X forward earnings. I guess anyone holds the stock is confident that 2003 will bring SOME turnaround. I can't wait to see how the market digests this. The wireless stocks were the first ones to move up after 9/11. Perhaps they will lead the decline. disclaimer> I'm short a bunch of QQQ stock.

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