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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Lost1 who wrote (36419)5/30/2000 11:12:00 AM
From: The Phoenix  Read Replies (2) of 63513
 
My conspiracy theory for the day.

The principles at China Unicom know that they can "play" QCOM. So what do they do??? They come out and say they're not going to use CDMA technology and will use GSM in the short term. (Everyone knows that they'll have to go CDMA longer term). So QCOM sells off on the news. The principles buy up QCOM BIG!!! Later this week - they'll come out and say that what they said was misunderstood and QCOM will rocket up $10 on the news.....

I bought back big at $61 and will add on dips under $61.

OG
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