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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (93401)	7/21/2010 5:49:20 PM
From: manalagi	Respond to of 196543

No 2011 guidance Good! Just like Google, don't give guidance. Whenever the stock is down after guidance, mgt will be blamed for being optimistic or pessimistic. After hours: $ 38.18 at 5.47 PM EDT

To: Jacob Snyder who wrote (93401)	7/21/2010 6:05:17 PM
From: BDAZZ	1 Recommendation Read Replies (1) \| Respond to of 196543

Needs a little perspective here. Nice forward guidance coming from a company with a rep for being overly cautious. They are raising guidance by 12 cents a share on the low end and five cents on the high end. A lot of the AF rise came during the CC. Obviously from comments that indicate some nice integration and growth in the industry. Yes Apple had a great qtr and they will be rewarded, but their story is already known. A lot of questions have surfaced over the last six months about QCOM. A lot of those questions were answered today. Qcom is still a strong player in this game.

To: Jacob Snyder who wrote (93401)	7/22/2010 9:47:56 AM
From: The_Net	1 Recommendation Respond to of 196543

JS, good call on holding through the earning! Short Cover might have contributed to this fast rise. Selling covered calls is probably a good way for now.

To: Jacob Snyder who wrote (93401)	7/22/2010 10:56:59 AM
From: manalagi	1 Recommendation Read Replies (2) \| Respond to of 196543

Spent 1.18B$ on share buybacks, 32.4M at $36.42 average price QCOM already makes money on the share buybacks. Did QCOM buy the shares from the put assignment or straight share purchase? If the company did the latter, why did not they buy when the stock was in the low 30's?