Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 140.16

+0.9%

3:59 PM EST

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To: freeus who wrote (46522)	10/29/1999 5:35:00 PM
From: Rich Bloem	Read Replies (1) of 152472

<<But earnings is next week and often it is better not to hold through earnings. Thats a con. But look at jdsu...they went UP substantially after earnings.>> IMO, earnings announcement is important only to the extent they don't disappoint and we know that will not happen. What will drive the stock up after the announcement will have more to do with any positive statements coming out of the CC. I expect that Q management will as usual, have a very positive spin on the short and long term future. I am looking for a small dip Tues. and Wed. followed by increased price targets (once the analysts take two days to call their mothers so they can understand what they heard) and a steady run up to $270.00 prior to split announcement.

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