Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

Nov 17 3:59 PM EST

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To: MileHigh who wrote (39277)	9/1/1999 2:13:00 PM
From: SpudFarmer	Read Replies (2) of 152472

Mile High: China has always been a ? mark. I have never counted on it, and have stated so (along with reasons but want to be brief). Many, it appears have. Margins have been a huge concern with earnings. The last big drop prior to the big announcements was due to margins (or so it was said). The rest of the earnings report looked good (also concerns about infrastructure). The drop may be warranted, but to me it is sheer panic selling. As in profile, "buy on panic, sell on euphoria". Overkill on the selling, nothing more. It may go even further, even into the next few days, and the shorts will come out and throw their stink around. That's OK. Seen it before, I'll see it again. One just can't take it personally. It's business. For Mr. Jacobs and company, it's business also. They are executing as well as the market (consumer) allows. To demand more than that is folly. Now I'm just thinking a loud. See what you started? PS: I was just interrupted by my one year old son who decided I needed practice with my Heimlich technique. It helps put things in perspective.

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