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

To: Ramsey Su who wrote (8008)	2/5/1998 9:25:00 PM
From: Stewart V. Nelson	Read Replies (1) \| Respond to of 152472

Ramsey <<Don't you think that earnings for some of the bellweathers may require revisions? QCOM alone cannot move the market but if IBM, INTC, ORCL, HWP, MOT or any of the dozen or so big boys sneezes, look out.>> Agree with you there....add slow down in IT spending due to Y2K remediation and we have a recipe for another major tech wreck next quarter. Anything with High PSR's or PE will come down as analysts adjust growth rates. Regards Stewart V. Nelson Long QCOM

To: Ramsey Su who wrote (8008)	2/5/1998 10:59:00 PM
From: qdog	Respond to of 152472

NN already had realized their growth from NA. The rest of the world was sustaining growth rates.

To: Ramsey Su who wrote (8008)	2/6/1998 1:27:00 AM
From: Jim Lurgio	Read Replies (1) \| Respond to of 152472

I don't think TAE's call was out of line. I provided this link a few weeks ago and commented on how the short position has gone sky high. viwes.com Isn't it amazing how this forum has provided so much positive wisdom but yet there is over 10 million shorts ? I think SI should long forums as well as short forums on the same stock. I think we could all learn more. I think it takes a lot of guts to short a stock like this and would like to learn more on these issues. For those who want to hear it with their own ears dial 1-800-633-8284 3841892

To: Ramsey Su who wrote (8008)	2/6/1998 1:37:00 AM
From: Clarksterh	Respond to of 152472

Ramsey - My cut after a little more thought, and subject to more additions is: Boeing - will be hurt because many of new orders were coming from SEA, and now many of these same airlines are not only canceling orders, but selling planes. I read a story recently where one normally prosperous SEA airline (Singapore?) actually has flights that are practically empty. Loral, Hughes Telecomm - Both have huge amounts of their commercial business with SEA (50% is a good guess for all of Asia). I work in this industry, and I actually know of instances where countries ordered satellites, not because they need them, but because it is a symbol of pride. The orders for these will, I'm sure, dry up entirely, and even the real profit driven satellites will disappear to some extent. (Note that Lockheed is more concentrated in government, and TRW is almost purely government) Anyone have anything else to add to the list? I am sure that there is going to be at least one switching network provider hurt severely, and there is one timing devices maker which sells primarily to Korea (but I can't remember the name). Finally of course there are probably a few shipping companies which will be hurt as imports to SEA dry up. I don't know of any other areas where SEA was expanding dramatically and the US was supplying parts. (Steel or most electronic gadgets, for instance, are mainly produced in Japan). Of course there are areas that will be damaged by ripple effects, and there will be some damage to companies like IBM because SEA was starting to install mainframes, but I suspect the effect will be small. Clark PS As for AMAT, I suspect that they will be hurt temporarily, but that since the end user demand is still there, areas with still healthy economies will pick up the slack as soon as the dust settles.