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Strategies & Market Trends : Options
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To: Poet who wrote (1586)1/24/2000 11:19:00 AM
From: JohnG  Read Replies (2) of 8096
 
Poet. QCOM. Direcion all depends on 1) earnings and 2) Jacobs' explanation of them. His reputation as a straight shooter will see them through any temporary problem. However, I am guessing earnings for 12/31 to be in the $0.30 to 0.33 range vs ~0.25 consensus. The analysts will look past the Q2 write off for sale& ee termination expenses. This means price will be level at worst and explode to 200 at best. What I am saying is that I. Jacobs reputation is such that this stock is just not going to fall any lower than 140 period after earnings and odds are of a very nice bump up.
JohnG
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