Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: KevinMark who wrote (22257)	11/2/1999 3:50:00 PM
From: edkaiser	Read Replies (2) of 108040

Shorting QCOM ... I think you are absolutely nuts if you do. It is very possible that they will blow out earnings, but I can't see any way that they don't at least meet them. If you short you might be able to cover at about 180. That's a best case scenario IMO that I don't think will ever happen. OTOH you might be looking at 280 before you can blink. Take a look at what JDSU did after its earnings and you have an idea of what you're dealing with on QCOM.

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