[RT] LU, DELL and QCOM?

[Gwenael Gautier <ggautier@xxxxxxxxxxx>]

We had a discussion recently about the merits of LU and the opportunity
to get in at present levels. I had mentioned an argument often heard
from fund managers, saying that a darling stock which is widely held
which has consistently beaten or reached expectations and which out of
the blue comes out with below markets numbers tends to fall out of bed
first, but also thereafter to underperform the rest of the market and to
keep disappointing. Which is why many fund managers don't show pity and
kill their positions then and  there.

Today we have another such case with DELL: For the second time in as
many quarters, Dell said its earnings would fall short of analysts'
consensus estimates.

What is going to be interesting further is to see what QCOM comes up
with for Q1...

Gwenn