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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Uncle Frank who wrote (13604)12/30/1999 11:11:00 AM
From: Martin Rasch  Read Replies (2) of 54805
 
QCOM upside potential

I asked my broker what he thinks about Q

Here is his answer:
On monday the insiders of Qcom can sell their stock options and 60% of outstanding stock is owned by insiders. Thus if I were a Qcom employee who stock went to this level, I would sell. I think there will be big selling for the next 2 weeks.

As far as 12 months I could see 800

I doubt that he is an advocat of GG so he might undervalue Gorillas like the rest of the market BUT if the technical reaction he predicts comes to reality this should be the wakeup call for the ones among us who hesitated to load up more during the runup.

Happy New Year to all threatmates.

Martin
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