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To: pinhi who wrote (14815)4/18/2000 3:18:00 PM
From: CAtechTrader  Read Replies (2) | Respond to of 35685
 
QCOM does appear in a "Buy the News" mode...I think that the Q is down today because traders are tired of seeing stocks trade up ahead of a number, have the number beat estimates and then get trashed anyway...today's example TXN...I think today's QCOM action is far more indicative of earnings "gun-shyness" than the market "knowing" something. Remember last April the Q was slammed the day it reported...and the rest is history!



To: pinhi who wrote (14815)4/18/2000 3:22:00 PM
From: Dealer  Read Replies (1) | Respond to of 35685
 
Pinhi! How about they think they know something!!!! A lot of folks are betting on the earnings being bad. Because of "SLUMP".

What are the chances they could be wrong and "Q" beats the earnings. When did "Q" leak.....in the past you never knew until 5:30..and everytime something was a surprise...... even "Slump" was a surprise......(to bad that wasn't a leak someone could have edited) that poor man will never live that one down.

dealer
A real dumb blonde just thinking/wishing/hopeing out loud.



To: pinhi who wrote (14815)4/18/2000 3:59:00 PM
From: techguerrilla  Read Replies (3) | Respond to of 35685
 
Relax, Pinhi

QCOM has made a 3+ point move up here in the last half hour to 110 7/8. Sure, that's down today. But there's positive anticipation now. If someone knew something terribly negative, QCOM would not be closing up. Not in the green for the day. Granted. But no way we would have a positive move at the end of the day if some hidden negative news was out there.

Relax. Have a stiff one.

John