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.
Non-Tech : The Critical Investing Workshop

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Voltaire who wrote (20331)5/26/2000 10:32:00 AM
From: Jim Willie CB  Read Replies (7) of 35685
 
Volt, I went 99% to cash
in this environment, CASH IS KING
I wont figth the Fed and its myopic geriatric envious incompetence any longer

I sold all QCOM just under 70 at the opening
my broker wanted me to sell half now half later
so I did, spaced ten minutes apart

I see QCOM psychology and sentiment and public relations to be astonishingly pathetically unfortunately miserable
the big3 with NOK, ERICY, MOT continue with erosion campaigns

sitting on cash with a BMW that I shouldnt legitimately continue to own

I expect QCOM to hit bottom around 45-55
it might bounce off 58 very soon
just an amateur's guess
I say we return to September presplit levels of 160-190
(translated: 40-47)
for the next 2-3 weeks I see "units of 10" trading
head to 60, bounce to 70
head to 50, bounce to 60
test 50 a few times

late June seems like a good entry timeframe
still dedicated to QCOM, but its heyday is very late y2000 and y2001
the wireless internet will be in forefront in 12 months

this torture wont end until CSCO comes down under 50
until Sun comes down under 50
until Oracle comes to well under 60
valuations are still perceived to be high
/ Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext