Most any stock you pick will run right along the 5-10 day line, way to tight for me, I like the 25 day line myself, but I do not think QCOM will do down there, 240, no way no how. Like I said Friday, it's a short term top. There is way too much good new, China just came back into the picture, Wireless Knowledge is actually turning into a real company with a product that is selling to T no less nothing like getting money out of the competition, INTC/DSP royalties will be higher maybe deal to get HDR on the motherboard, HDR launch in Asia, pending sale of handset div., and India possibilities becoming clearer, on and on and on none of the above are factor into the price..
Greg. |