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


To: jmac who wrote (39223)9/1/1999 11:27:00 AM
From: mmeggs  Read Replies (1) | Respond to of 152472
 
Management gave guidance on their CC July 19th. If you don't remember, go back and listen to it. IMO, there is no reason for management to be distracted by a one day move in the stock price.

What exactly would you have them say?

mmeggs



To: jmac who wrote (39223)9/1/1999 11:29:00 AM
From: wlheatmoon  Read Replies (1) | Respond to of 152472
 
why should management respond to this move? should management respond to an up move? qcom's move is just normal for a stock that is volatile..

unless something really stinks,,,,the public can only guess that this move is normal...but who knows, eh? if a stock can move up 20 points in a heart beat,,,it can certainly do the same in less time.

good luck.



To: jmac who wrote (39223)9/1/1999 11:41:00 AM
From: Richard Tuck  Respond to of 152472
 
Sometimes, telling analysts is a company's way of disseminating bad news. It is preferable to issuing a press release. Furthermore, it lowers expectations at earnings time. The only thing that confused me about Everen's report is that they said the price erosion has happened over the past few quarters. Shouldn't this have been a factor in previous quarterly earnings?