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 164.97

-0.7%

11:44 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Willie CB who wrote (49701)	11/13/1999 8:32:00 AM
From: marginmike	Read Replies (2) of 152472

Jim I am moving very close to 8 figures in Qcom, so I am thrilled, but realistic. These parabloic moves are always followed by consolidation. I hope for the best and prepare for the worst. I would love the opp to buy some calls cheap here. My position is intact, but I am not playing options at this level anymore. If I am a contraindicator, so be it. I dont know why I would be such. I was laughed off the last time I said we would see 150's before 250's. However not being an idealist, Stocks dont double without 3/8 retrenchement(your theory). I would be happy to see Q build a strong 4-5 week base here so we have a launch pad to next level. These parobolic moves make me nervous. It was easier to ignore when Q had a forward PE of 20 and unrealistic guidence. At 70PE forward earnings we are getting close to being fully valued(if not already there). That being said I always get the itch to sell to early!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next