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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: Uncle Frank who wrote (74834)6/27/2000 3:47:00 PM
From: techguerrilla  Read Replies (1) of 152472
 
The market is SO confused over Qualcomm

. . . . There is NO question that it's "show me the numbers" time. The July 19 earnings report and conference call are crucial now for Qualcomm.

We also have fund managers "window dressing" the end of the quarter books right now. The only thing that can get Qualcomm moving this week is Nokia news and an ensuing short cover rally. Other than that, we have to wait until next week for analysts to "get real" over their estimates as to what Qualcomm is going to report on July 19.

So much negativity has filtered into Qualcomm's image that it may actually be affecting realistic analysis of the numbers we may see on July 19. I'm fully expecting the company to beat estimates.

You are totally on top of this Frank.

John
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