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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who wrote (55721)4/24/2002 1:51:28 PM
From: jjstingray  Read Replies (1) of 99280
 
Steve, I agree that that sector is in trouble, hence my comment that Qcom will see $18 in the near future. However, a lot of these companies are going into bankrupcy and emerging the same company without all the debt. Look at MCLD. I think they whopped off $4.0 billion in debt.

I am not buying Qcom or any of the other telecom players. I just think Qcom has a better mousetrap.
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