Oh, conceivable, in a really weird world, I could see QCOM trading down to around $100, but it would have to be a pretty ugly market at that point, or really, really bad news on QCOM. We're just about to get the next quarterly numbers, which should be very good, if not extraordinary. Then there are the potential upcoming news releases on new chipsets, ASIC orders, China, Japan, AT&T, etc. I think we may have seen it bottom out today, there just so much fresh money wanting to get a bit of the action.
On JDSU, I'd been interested lately, but had been looking for a better buy in opportunity. It's possible that we may get that chance this month. I'm a very big Gilder proponent, and feel you can do a lot worse than buying some of his favorites for the long term. I'm also notoriously cheap, and would always like to pick up my big winners at bargain prices. If those chances don't come, others will. I think JDSU has as good a chance to lead in the optical data trans. world as anyone... barring some unknown technology/development cropping up.
DWB
Q2.5K/Y2K+5 |
