Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 171.54

+0.4%

Nov 10 3:59 PM EST

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To: idler who wrote (27420)	4/19/1999 10:47:00 AM
From: JGoren	Read Replies (1) of 152472

Very possible that earnings announcement won't be as high as some expect. Remember that three weeks ago I predicted the stock would go up until last week (a few days before the quarterly report) and then correct. This is the same pattern we have had for several years: Price increases before the quarterly announcement, falls right before it, stays relatively flat afterwards to somewhat down. The reality of the real figures and the CC always brings out questions. New buyers may bail out with the drop, so it could get worse.

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