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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: Morgan Drake who wrote (35594)7/18/1999 8:03:00 PM
From: LindyBill  Read Replies (3) of 152472
 
Earnings Surprise

I don't think we will ever get a better signal from a company that earnings are going to be better than expected.

1: They announce that they are going to directly sell stock to the Index funds next Wednesday.

2: Then then announce that they are moving up the report on earnings from Tuesday to Monday.

This leads to the conclusion that they wanted one day inbetween the announcment and the sale for the price of the stock to go up before they sold to the Funds.
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