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

To: jazzcat2000 who wrote (110062)	12/31/2001 2:32:59 PM
From: limtex	Read Replies (3) \| Respond to of 152472

jc - this drop just before earnings seems to me that someone is scared about earnings. If we get a dissapointment then my guess is it gets whacked. We are only about $10.60 away from the $30s and that is less than the stock has fallen during the sudden and unexplained collapse about two weeks ago. This stock can't be down nearly $14 in a few days for no reason. It has the strength of liquid jello. It has been a long time since we got a nice surprise from earnings as opposed to great announcements about China etc. Q earnings days are now filled with dread. Even now its itching to get back to the $40s.I have somewhat similar situation with SNDK. Not comparable maybe but there are echos. Great announcements one after the other but very little translated into long term profitability never ind long term positive chash flow. Gradually people just got fed up. Hope just evaporates after a time. One great year but after that halved in 2000 and halved in 2001 and the way it looks it could do it again in 2002 if we get a dissapointment. Meantime the stock continues its relentless down ratchet and it won't be long before we are bakc in the natural home except this time we've got the dreaded earnings day right ahead. MM was right on the button yet again. He said a couple of weeks ago out of the Q and he was proven right. Best, L