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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Pink Minion who started this subject10/12/2001 8:02:00 PM
From: jjstingray  Read Replies (1) of 99280
 
Zeev, a couple of the brokerage houses lowered their estimates on Qcom when the Nextel conversion fell through. If Qcom actually lowers their earnings for next year do you think Q will get "whacked" or do you see those prices already baked into the cake? In other words, do you think the local low of $38.50 would hold if they have to lower their earnings prospects?
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