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

To: califjk who wrote (10107)	4/21/1998 6:24:00 PM
From: James Song	Respond to of 152472

Can anyone guess why the company has not tried to split the stock? I believe the split is justified even with current stock price.

To: califjk who wrote (10107)	4/21/1998 6:42:00 PM
From: The Vinman	Respond to of 152472

Qualcomm played the game just right, they warned and analysts lowered earnings so much that beating the number was a given, the newest game on Wall Street, ditto for INTC and IBM, all of them missed original estimate by wide margins, yet their prices have went up.....pure manipulation....earnings so far this quarter have run at about 5%, pretty poor for a S&P that has a PE of 24. The reality is if you take out all the stock buy backs and cost cutting, earnings would be terrible. There are actually companies that have negative sales growth with increasing earnings, its all done with mirrors and will KILL the market later in the year... Vinman