Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: uel_Dave who wrote (45654)	10/21/1999 9:19:00 PM
From: uel_Dave	Read Replies (2) \| Respond to of 152472

The shining star in today's earnings reporting was Qualcomm [QCOM], which closed up over $13 to end the day at $215.69 per share. source: stockhouse.com It reads as if Qualcomm reported their earnings ========================================================= Today in the Markets ========================================================= Y2K Bug Bites IBM, Wall Street Y2K worries afflicted both stocks and investors today as Wall Street saw a wildly fluctuating red day. The Dow closed down 94.67 points, but not before experiencing as much as a 213 point loss in earlier trading. The decline was led by International Business Machines [IBM], which issued a warning about its Y2K-sensitive hardware sales and was downgraded by Merrill Lynch [MER]. IBM stocks were pummeled on the NYSE, closing down $21.75, never really recovering from its massive sell-off in morning trading. IBM's stock woes proved contagious, as the Nasdaq spent most of the day languishing on the negative side until a late day rally pushed it over to the positive - barely. Another Dow component, Philip Morris [MO] was also a trading casualty, losing over $3.50 per share. Other Nasdaq un-notables included Sun Microsystems [SUNW], which was downgraded by Paine Webber [PWJ] to "neutral" status, and Amgen [AMGN], which lost $6 per share. However, unlike Amgen, other companies, which reported their quarterly earnings today were marginally rewarded: America Online [AOL], Coca-Cola [KO], and Merck & Co [MRK] all reported positive gains. The shining star in today's earnings reporting was Qualcomm [QCOM], which closed up over $13 to end the day at $215.69 per share. The Labor Department's report on new jobless claims today affected bond prices and reinforced fears that the Federal Reserve will raise interest rates next month.

To: uel_Dave who wrote (45654)	10/21/1999 9:35:00 PM
From: SpudFarmer	Respond to of 152472

"Q rocks, it is just a matter of time... SpudMan, are you earthquake proofed? You didn't feel the movement today?" The last earthquake we had in the desert I missed due to sleep. I felt Q, but am still waiting for "the big one". "Is Qualcomm coming into Buy Range ? Looking forward to the 1) earnings, 2) split announcement 2:1 or 3:1 and 3)the confirmation of the new owner of the "Q-sets" (hand sets ) and more announcements on Q - CDMA............." I personally am not adding. I would be considering it if I didn't have any Q at all. Looking to reduce margin if we see another 5-10% rise in next two days, IF market looks weak. (Small chance IMO) As for earnings, just a guess $0.99. Just my guess. "Q rocks, it is just a matter of time... BTW do you have a patent on your above Q line :-)" No patent, no licensing fees, totally free speech. Just as long as the Q word gets out. Go brain Go! Q rocks, and you'll keep hearing it until everyone believes it.