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


To: Ibexx who wrote (101810)7/18/2001 10:13:20 AM
From: limtex  Read Replies (1) | Respond to of 152472
 
Ib - My guess is that if you get anything bad you get whacked no matter how good something lese may be in the future. Pie in the sky when you die doesn't work anymore.

So if we get a dissapointing Q2 then imho no matter how good Q3 looks the shorts will jump in and the selling will be there even if for one reason becuase Q still has a big P/E.

Anything with a big P/E is vulnerable to a quick 50% haircut. There are basically very few people left willing to invest today and so if selling starts it is massive and very very quick. The shorts love it and they are waiting with baited breath for the Q.

Best regards,

L