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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 4:00 PM EST
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To: Ed Forrest who wrote (64975)1/28/2000 4:31:00 PM
From: limtex  Read Replies (3) of 152472
 
ED - I think the good doctor knew the impact of the term slump.In the right setting a well chosen word can be quite the catalyst.

OK IMHO he knew exactly what he was saying and it was so to speak a carefully chosen word. It has certainly let some air out of the stock price and maybe the Q stock price will be hit less hard than others after todays record drop.

But there are many people who have been very badly affected and who can say whether one should precipitate letting some air out or that it should happen naturally.

Of course everyone was grateful for the 4:1 split but if you are going to give that it seems a little bit of a shame to have to take a huge chunk of it back only a month or so later.

Its just the awsome power of the expression 'slump' in this qtrs revenues that gets me. Wasn't there a gentler way of doing it?

Best regards,

L
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