SI
SI
discoversearch

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 174.690.0%Dec 24 12:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Uncle Frank who wrote (52497)12/4/1999 4:11:00 PM
From: Mehrdad Arya  Read Replies (2) of 152472
 
I have had Qcom for over 3 years and regrettably sold most of my shares prematurely, but I sold my last 500 shares approx. 10 days ago because I feel it will have a difficult time breaking the $400 resistance line. I have a heavy concentration of shares in 3Com at an average price of $25 and I expect the stock to double from its' current position of $40 within two quarters.

Reasons:

1. Impending Palm IPO
2. Earnings to be stellar on 12/21/99, approx. 20% above estimates
3. Very likely to be bought out
4. Very well positioned in the Emerging markets; VoIP, LAN telephony, Wireless and Broadband.
5. Incredible fundamentals ($4 Billion in liquid assets, P/S of 2.6...)
6. A repertoire of patents pertaining to the emerging markets.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News