Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.54

-1.2%

Nov 13 3:59 PM EST

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To: gc who wrote (62381)	1/15/2000 1:27:00 AM
From: jmanvegas	Read Replies (3) of 152472

gc: Looking at how YHOO and some other high valuation tech stocks (not all) recently reacted to excellent earnings reported so far, I believe that this time there will be a sell-off, unless the earnings are absolutely blow away, beyond anyone's imagination. If earnings beat the whisper by a few cents, we'll get a 2-3 day strong rally, then a sell-off. JMHO. Regardless, I'm not selling. Earnings this quarter are not that big a deal to me unless they disappoint which would shock me if they did. And just meeting the estimates would be very disappointing to the Street. Obviously, I don't see that. What's more important to me is some "significant" news like an AT&T or Nokia announcement of some kind - something the market isn't expecting. If that happens, we'll take out the highs in a heartbeat. jmanvegas

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