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

To: JMD who wrote (9319)	3/19/1998 10:06:00 PM
From: Caxton Rhodes	Read Replies (1) \| Respond to of 152472

Seriously off topic: A man feeling very depressed walked into a bar and ordered a triple scotch whiskey. As the bartender poured him the drink he remarked, "That's quite a heavy drink. Is something wrong?" After quickly downing his drink the man replied, "I got home and found my wife in bed with my best friend. "Wow", exclaimed the bartender as he poured the man a second triple scotch, "No wonder you needed a stiff drink. This one's on the house." As the man finished the second scotch, the bartender asked him, "So what did you do?" "I walked over to my wife", the man replied, "looked her straight in the eye and told her that we were through. I told her to pack her stuff and to get the hell out." "That makes sense", said the bartender, "but what about your best friend?" "I walked over to him, looked him right in the eye and said 'Bad dog!'"

To: JMD who wrote (9319)	3/21/1998 12:38:00 AM
From: synchro	Read Replies (2) \| Respond to of 152472

I'm trying to pick you guy's brains on what would happen when QCOM releases its 1st Qtr earnings. I see 3 scenarios: 1) A loss is actually reported. Boom, the stock is taken out and shot, the stock, along w/ my hopes, gap down to the 20s or 30s 2) A significant drop in earnings on higher revenue. Wall Street and SI are relieved that this dreadful and uncertain quarter is finally over, the stock gap up 20 points to 65 w/ a PE of 100. The stock then proceed to move up to 80 right before 2nd qtr reporting in anticipation of brighter days in the fourth quarter of 1998 and later 1999. 3) An actual increase in earnings, may even exceed expectations because of new contract revenue from cellular operators overwhelming any negative impact from S. Korea. The price.... Which one is more likely? Is #3 wishful thinking?