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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.67+1.6%3:59 PM EST

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To: Maurice Winn who wrote (13691)8/13/1998 6:27:00 PM
From: John Hatten  Read Replies (3) of 152472
 
Gregg, -
thanks for all the info. This latest price drop on the heels of the 9 point run up the day after earning release is a bit perplexing. If the hostile takeover scenario that we all have considered is a possibility, it seems to me that a pre announcement by the Q on the positive side, guiding analyst estimates upward, would be the quickest way to stopping this erosion of market capital. Unfortunately, it seems the management at QCOM has a history of being very tight lipped wrt future earnings. At some point it must become in there best interest to maintain market capital, especially if their is a requirement for secondary's and raising more cash. Regards....JR
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