re: only 50 more to go (possibe downside):
Ha! Am I that predictable with my gallows humor? Yes, as I just posted, I am, once again, a holder of QCOM stock. A weak hand; not sure if I'm yet an Investor in QCOM.
If anyone thinks things can't get worse for QCOM, just look at JDSU.
Only 6 more points of JDSU downside, and that's no joke. If the wireless buildout comes to a dead halt, like the longhaul fiber buildout has, and people are talking about endless years of overcapacity, then QCOM could hit the 20s. That might be the bottom. Assuming there are no more skeletons in QCOM's closet, no more satphone debacles. I don't think there are, but I am sceptical of my ability to predict the future. That's also assuming China doesn't pull the rug out from under QCOM's feet (that would be, what, the 19th time?). That's also assuming........I could go on and on and on......
Also bought some more EMC LEAPs today. |
