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

To: dougjn who wrote (15718)9/29/1998 4:10:00 PM
From: SKIP PAUL  Read Replies (2) | Respond to of 152472
 
I agree with you on earnings for the next two quarters. But other indicators such as sentiment(too much bearishness), liquidity and interest rates are positive. I think we could have a flat to up market. However I think stockpickers will do better than Index players.

AS for Qcom, they could beat the 50 cents estimate handily. I think 70 cents is likely but they may report 60 cents holding 10 cents in reserve. They were making 50 cents/quarter before the Korea debacle. This quarter LWIN being out is worth 5 cents and something for infra structure being breakeven. Comments?



To: dougjn who wrote (15718)9/29/1998 4:24:00 PM
From: marginmike  Read Replies (2) | Respond to of 152472
 
If you listned to him(Wein) you would have sold out at 6000? I disagree with you. I think Japan has stabilized, and interest rates will be led lower over the next 4 months. i think Brazil will stabilize after elections. I think unless there are any surprises the market will not go below 76-7800 range.


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