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


To: waverider who wrote (64774)1/27/2000 5:08:00 PM
From: limtex  Read Replies (1) | Respond to of 152472
 
DH -

Might get a bounce under any normal circumstance but here we've got:-

1. Employment cost figures tomorrow morning (time??)

2. Mr G back on stage on Tuesday.

3. Almost the whole ( un due-dilgenced )World talking about and focused on a 'slowdown' or 'downturn' of the Q's business in Q2.

4. Admitedly a high P/E - never mind whether or not it's justified.

5. Instead of some serious upgrades we have unbelievably had a slew of rating cuts.

Against that the best analysis and comentary I've seen is the Art Beechofer post. But Art, bless him, isn't ML ot GS or SSB or any of the others. Forget that he has done the best analysis unfortunately doesn't (yet) carry the weight of the major houses.

So Istill think there will be more sellers than buyers for the next few weeks until we get a serious announcement from the Q about China, NOK, Europe or Tor something.

Best regards,

L