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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%Jan 23 9:30 AM EST

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To: HairBall who wrote (52839)12/6/1999 11:43:00 PM
From: Valueman  Read Replies (2) of 152472
 
LG:

Just a few comments. I am not at all a TA type individual, so making calls based on such analysis is not my bag. I have nothing against those who do make investment decisions based on TA, but one must interject fundamentals here. I agree that QCOM is up in "rare air", and justifying the valuation is tricky at best. However, shorting a stock when it is well known that they will be announcing a sale of the handset division any day now is suicidal. This management has NEVER done a deal that was not intelligent. Why would you bet otherwise at this juncture?
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