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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Venkie who wrote (111151)7/4/2001 1:27:53 AM
From: mishedlo  Read Replies (2) of 436258
 
57-59.
Hell wasn't it below 50 not too long ago.
PE is absurd. Stock rallies on no news that was not already known. Nice timing of news on a quiet light day.
That does not mean QCOM at 57-59 will not bounce.
Looks like good support at that level.
But... Will that be in the midst of a huge decline or not?

If I had any guts I would sell naked calls right now.
M
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