CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 136.33

-8.4%

Feb 5 3:59 PM EST

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To: Maurice Winn who wrote (17)	4/16/1996 9:54:00 PM
From: Gary Walker	of 1819

Was there any hint of this earnings disaster? Seems to me that management will really turn off the analysts who have covered this stock. I for one have a hard time trusting a management who implies earnings and then goes out and blows it. They offer all kinds of excuses and the fact is they blew it. If R&D and Marketing costs were legitimate and they have been warning of these "start-up" expenses then I'll change my mind. Until I get the facts I'm holding, but my stop loss has been crashed through. Perhaps the time to buy will be later. Good luck!

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