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Non-Tech : The Critical Investing Workshop

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To: pinhi who wrote (14815)	4/18/2000 3:18:00 PM
From: CAtechTrader	Read Replies (2) of 35685

QCOM does appear in a "Buy the News" mode...I think that the Q is down today because traders are tired of seeing stocks trade up ahead of a number, have the number beat estimates and then get trashed anyway...today's example TXN...I think today's QCOM action is far more indicative of earnings "gun-shyness" than the market "knowing" something. Remember last April the Q was slammed the day it reported...and the rest is history!

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