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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.05+0.6%3:59 PM EST

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To: Voltaire who wrote (62155)1/13/2000 7:47:00 PM
From: Lynn  Read Replies (1) of 152472
 
I think the shorts are going to be too nervous not to cover before earnings. Many, I think, are going to look back at what happened the last time QCOM reported earnings. As I recall, QCOM actually closed a fraction down the day earnings were announced. The market closed, QCOM announced earnings and the split, and the next morning? BAM! QCOM started its latest meteoric rise.

A short with anything but nerves of steel and very, very deep pockets is going to want to avoid being short when earnings are announced like the plague.

Lynn
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