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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%3:59 PM EST

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To: jmanvegas who wrote (70433)4/12/2000 1:00:00 AM
From: Cooters  Read Replies (1) of 152472
 
jman, <<This is the earnings season in which earnings do not matter unless the earnings are absolutely blow-away (beats the whisper by .05-.10, for example). >>

I believe the conference calls and forward guidance are driving the prices much more than the earnings, as was the case with MOT and certainly with QCOM last time around. But yes, beating the number by .01 on stocks with triple digit trailing PE's is not working.

Coots - with one last batch of April calls that really could use being salvaged.
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