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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (32427)6/16/1999 10:55:00 AM
From: DanD  Respond to of 152472
 
Ramsey there is a big reason it jumped yesterday. It has earning and those earnings are growing weather there is inflation or not. Look at the NASDAQ yesterday and see what companies held there early gains. Stock buyers recognize a stock that will benefit from --

1) World domination of a Standard
2) Recovering International markets
3) Growth regardless of the inflation picture.

What I am trying to say is that Q will grow in an Inflationary environment and probably have higher margins because of it. The inflation that was seen in the last quarter was CPI not PPI. Meaning people are paying higher prices and they are not costing that much more to make. I think people were gambling on the CPI yesterday and they looked at Q as a win win gamble. If the CPI came out negative then Q would tank less than the more volatile no earnings growth stocks, but would continue its growth with little or no hicup. Now it will grow with more margin preasure, but a superior position in a world market hungry for two things Electronic Gadgets and Communications.

In the words of Inspector Gadget "GO GO Gadget Phone"

Dan D