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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: DaveMG who wrote (14802)9/10/1998 12:17:00 PM
From: Ramsey Su  Read Replies (2) of 152472
 
Dave,

I don't know if the current downdraft has ran its course. My guess is no. Like I have stated before, forget about all the noise. The bottom line is how each one of these events affect revenue and earnings. In a couple of short weeks, we will get a preview via warnings. In a month, we will definitely see the big picture.

With the market on its edge already, all it takes is a little breeze to push it over. As an example, what if one of the boxmakers come out and say the PC sales is slowing. That will push down DELL, MSFT and INTC. These three can sink the Nasdaq.

Ramsey
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