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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: shoreco who wrote (82712)	6/21/2002 8:10:07 AM
From: DebtBomb	Read Replies (1) \| Respond to of 99280

BofA downgrading everything this morning, LOL. Didn't they just say a few days ago to load the boat in tech or upgrade a bunch of techs?? Or was that Ned Riley, LOL. Trimtabs making positive note about AXP buyback, but liquidity still bad with fund outflows.

To: shoreco who wrote (82712)	6/21/2002 8:18:13 AM
From: j-at-home	Respond to of 99280

This whole game of multiple reiterations is BS. Just demonstrates how skewed things have become .. if you've got the numbers why not just sit tight and everyone will see those results when you report .. any positive benefit will still accrue at that time. GE is the worst abuser of this lately. Perhaps if more attention was paid to managing the business and less to managing the numbers they would feel less compulsion to "play" games at certain points. These repeated disclosures and 'media' updates are obvious attempts at propping and stock price manipulation. What of the other extreme? Perhaps companies could give us a baseball score EACH evening. Doubt many would like to step up and go, "yep, that sure sucked .. another bad day .. that's eight straight shitty days this month .. we're getting our ass kicked royally in the market place". A big clean up needs to be done .. pity it can't happen.

To: shoreco who wrote (82712)	6/21/2002 8:18:14 AM
From: John Carragher	Respond to of 99280

QUALCOMM Expects Improved Earnings in June 2002 Quarter Expects to Meet or Exceed $0.23 Pro Forma Earnings Per Share and 16 Million Phone Chip Shipments SAN DIEGO--(BUSINESS WIRE)--June 21, 2002--QUALCOMM Incorporated (Nasdaq: QCOM - News), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced it expects pro forma earnings per share, which excludes QUALCOMM Strategic Initiatives (QSI), to meet or exceed the high end of the previously announced range for the third quarter of fiscal 2002. The Company had previously indicated pro forma earnings per share of $0.21-$0.23 per share in the third fiscal quarter. The Company also announced that it expects to achieve or exceed the high end of its previous guidance of 15-16 million MSM(TM) phone chip shipments. Further, the Company is experiencing strong order input for the fourth fiscal quarter ending September 29, 2002. This strong outlook is due to increasing demand for CDMA products across all major regions of CDMA deployment. Key drivers include the rapid worldwide growth of third-generation (3G) CDMA2000 1X networks, BREW(TM) applications and gpsOne(TM) position location capabilities. There are currently over 10 million reported subscribers of CDMA2000 1X services and approximately two million users of gpsOne position location products and services. qcom up in eu.