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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%Jan 23 9:30 AM EST

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To: Ramsey Su who wrote (8008)2/5/1998 9:25:00 PM
From: Stewart V. Nelson  Read Replies (1) of 152472
 
Ramsey

<<Don't you think that earnings for some of the bellweathers may require revisions? QCOM alone cannot move the market but if IBM, INTC, ORCL, HWP, MOT or any of the dozen or so big boys sneezes, look out.>>

Agree with you there....add slow down in IT spending due to Y2K remediation and we have a recipe for another major tech wreck next quarter. Anything with High PSR's or PE will come down as analysts adjust growth rates.

Regards
Stewart V. Nelson
Long QCOM
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