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

To: Didi who wrote (73788)6/14/2000 12:21:00 PM
From: foundation  Read Replies (3) | Respond to of 152472
 
from briefing.com

12:13 ET QUALCOMM (QCOM) 74 1/2 -6 7/8: -- Update -- Bear Stearns reportedly cutting numbers after
presentation at Bear conference; due partly to Globalstar.

11:59 ET QUALCOMM (QCOM) 76 3/4 -4 5/8: CFO says that Globalstar (GSTRF) demise could reduce
FY01 earnings by 10 cents; current consensus is $1.42.

THIS is why I just got hit at 75....

70 becomes very possible....

regards,
blg



To: Didi who wrote (73788)6/14/2000 12:32:00 PM
From: Ibexx  Read Replies (2) | Respond to of 152472
 
disu,

This is more or less predicted.(see one of my old posts about a week ago.)

I suppose it's as much as "options dynamics" as manipulation.

Cheers,
Ibexx



To: Didi who wrote (73788)6/15/2000 3:08:00 PM
From: jmac  Read Replies (1) | Respond to of 152472
 
Max-Pain doesn't take into account unethical brokerage firms like Chase. I am as flabergasted as the guy at First Union is. QCOM management is not in the quiet period. Although they just presented at a conference, they should isue a public press release (for the benefit of ALL of its shareholders) either refuting the downward revision of the estimates or state that it is pure horseshit!


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