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D2

04/23/03 5:57 PM

#100646 RE: Zeev Hed #100644

Ready to jump back in QCOM ?
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fisherman

04/23/03 6:06 PM

#100649 RE: Zeev Hed #100644

GDP out this Friday. Consensus 2.3% for what its worth.
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mlsoft

04/23/03 6:10 PM

#100650 RE: Zeev Hed #100644

"I believe preliminary GDP figures for first Q should be out by the end of the week, we'll see what they show (though the preliminaries are never very accurate)."
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Zeev...

LOL - you mean the "pro-forma" version, the first report. Yes, it will probably come in around 1-2%, perhaps better than that if massaged enough. But the strength of the quarter was in the first two months, and every one I talk with indicates that the bottom fell out starting in March. That is why I think we probably entered negative growth last month.

mlsoft