Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 169.42

-2.2%

2:15 PM EST

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To: Jon Koplik who wrote (96249)	3/27/2001 8:10:44 PM
From: waverider	Read Replies (4) of 152472

Jon, for God's sake all these shortfalls and warnings are saying something about the overall economy. If the economy continues to slide, so will QCOM. Thus "sell QCOM" makes sense to those who are concerned about it...especially when one reads the INFRASTRUCTURE guys like NT are in deep trouble: OTTAWA (Reuters) - Nortel Networks Corp. (Toronto:NT.TO - news) (NYSE:NT - news) confirmed analysts' worst fears on Tuesday as the world's No. 1 supplier of telecommunications equipment further slashed its first-quarter estimates and said it would cut 5,000 more jobs amid an ongoing downturn in the U.S. economy and pricing pressure from competitors. The economy sucks, therefore sell QCOM. <H>

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