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Pastimes : Home on the range where the buffalo roam

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To: im a survivor who wrote (3994)	10/5/2001 12:07:08 PM
From: stockman_scott	Read Replies (3) of 13815

QCOM's a dog with fleas... There are too many issues for the market to get comfortable with it right now....Stay away from it...I would cut losses and move on. The company is dependent on the upgrade to 3G which is delayed big time....Nextel has not gone with QCOM and is closely alligned with MOT. QCOM has been selling off when the Naz has been rebounding -- a VERY BAD SIGN. It's not a momentum stock and IMO a number of the Growth Funds cut positions way back and some got out of it alltogether. I see a lot more upside with stocks like JNPR or QLGC....Good luck with your decisions. The recs above are just my views...IF you are patient QCOM may eventually come back. I wouldn't wait that long...=) Regards, Scott

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