Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.29

-2.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SpudFarmer who wrote (46766)	11/1/1999 12:03:00 AM
From: 16yearcycle	Read Replies (1) of 152472

I think a sell off between e and the fed meeting is in order, but I think of it as the last, best chance to accumulate Q shares at a good price, if it happens. The case for an explosion to 260 would be a good sale of the handset division, e of .98 plus, and a forward outlook that CLEARLY suggests 1.15+ in the next quarter, and that the split is a sure thing but they need to get the shares authorized. ALL of these could easily occur. I pick 260 because we have had 3 shots at 225 and the break out should carry us to a nearly 60 multiple of next quarters e pace. If you go back, this where we bumped our head the past 2 quarters. If the break out happens, we will pull back and hover between 225-270 before blowing through to 299<G> just before next q e when folks start thinking in terms of a 5.50 year being possible.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next