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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (2522)4/18/2000 3:22:00 PM
From: J.T.  Respond to of 19219
 
We have run into the buzz-saw of NDX 3,660 - traded both sides of it (intraday NDX 3,697) and now looking to turn back down to NDX 3,600 the first chart exudes churning and distribution and the second the break and failed attempts thereafter:
1)http://charts-d.quote.com:443/956083905740?User=demo&Pswd=demo&DataType=GIF&Symbol=NDX.X&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10

2) charts-d.quote.com:443/956085410420?User=demo&Pswd=demo&DataType=GIF&Symbol=NDX.X&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10

Best Regards, J.T.



To: J.T. who wrote (2522)4/18/2000 4:50:00 PM
From: LBstocks  Read Replies (1) | Respond to of 19219
 
QCOM posts pro forma of .26. Looks excellent to me. Now the conference call...



To: J.T. who wrote (2522)4/18/2000 5:06:00 PM
From: LBstocks  Respond to of 19219
 
This is the key to QCOM's earnings release:
"Based on current indications and strong acceptance of newer MSM chip models, the Company expects third fiscal quarter MSM chip shipments to exceed first fiscal quarter shipments of 14.5 million. The Company expects its pro forma earnings per share to meet the current analysts' consensus estimates of $.27 for the third quarter of fiscal 2000 due principally to expected growth in chipset and system software revenues and profits."