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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (15394)2/20/2002 1:33:31 PM
From: John Pitera  Respond to of 23786
 
QCOM, NOK and RFMD are all looking lousy. This thread has been coming up with well reasoned shorting ideas.

12:11AM Nokia hit by volume concerns, earnings rumor (NOK) 19.54 -1.05: Stock said to be under pressure in reaction to investor disappointment that co did not reveal stronger handset numbers at Cannes conference, as well as trading floor rumor that co will lower guidance. Issues appear to be weighing on supplier RF Micro Device (RFMD -9.3%), and also said to be contributing to pressure in QUALCOMM (QCOM -7%).

QCOM chart is not looking good

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