Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.18

+1.1%

3:59 PM EST

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To: limtex who wrote (99174)	5/15/2001 1:04:55 PM
From: Uncle Frank	Read Replies (2) of 152472

>> Anyway I reckon the shorts figured QCOM as big sore thumb with a P/E of over 50 Not only the shorts. I was starting to feel that way, too <gg>. Today's news, and in particular concrete contracts from China, is like a glass of cold water for this parched pilgrim. >> I haven't seen the NXTL info in balck and white yet but I assume our posters aren't kidding. It's for real. I posted a link to a Bloomberg article just a minute ago. >> If they capitulate .....well I would have thought it goes over $70. That it has not yet must be shorts doubling up and a bit of profit taking. The old "sell the news" routine? I think we need to wait patiently for the upgrades before we see an appropriate reaction. The story is a little complex for the average investor. uf

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