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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 179.07+3.7%12:57 PM EST

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To: qwave who wrote (111648)1/25/2002 1:46:07 PM
From: slacker711  Read Replies (1) of 152472
 
How could credible information be known before hand that would warrant a 30% drop in 45 days while the rest of the market makes a nice move. The game continues. Thoughts?

I dont understand why people cant simply accept that the subscriber numbers drive both earnings and Q's stock price.

At the beginning of December, we received sub numbers that were below expectation from Korea, Japan and Radio Shack. You can trace the decline almost exactly to these reports. The decline in January continued as we received more bad reports from Korea, Japan, VZ, and PCS.

No conspiracy....just normal discounting of bad news. Q revealed nothing new when they brought down earnings/handset sale guidance.

Slacker
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