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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (16812)2/5/1998 10:11:00 PM
From: Jeffrey Chan  Read Replies (1) of 97611
 
Diane and All:

Any thoughts about the QCOM's warning. I believe it will drag the whole tech sector down tomorrow. The recent runup was built on the belief that the corporate earning will not be hit as bad as expected. However, qcom came out and reminded everyone that the asia flu is quite powerful and still exists.

I just hope this will not cause too severe "profit-taking"

/Jeffrey
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