Exactly. Let it come to you. Also, I've been doing this entirely in my KEOGH and building up a cash position this way. I've left my brokerage account by the back door so to speak--it's a chunk of cash, and then QCOM and JDSU. I'm not doing much in there.
Okay QCOM on CNBC, talking heads/analysts saying stupid stuff, waiting for Jacobs. Lost 30% last week, Chinese delayed etc. Okay here's Jacobs. "CDMA the way most cos go ahead into their 3rd generation, wireless internet acces moving ahead." Situation in China...ML guidance China trade neg for Q: "I view it exactly backwards, approval very critical, framework agreement with Unicom, suddenly held back, partly to put pressure on U.S. and internal isues with manufacturers wanting licenses, now we're working with manufacturers, we'll see progress." South Korea banned subsidies for phones that use CDMA, "Korea--any reduction in sales of handsets does affect us, 21-23% of CDMA market this year..." whoops I missed the rest.
Well it was pretty brief. I don't think it'll make a big difference either way... |
