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Technology Stocks : The New QUALCOMM - Coming Into Buy Range
QCOM 165.13+1.1%3:59 PM EST
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To: Art Bechhoefer who wrote (5898)2/11/2010 7:20:24 PM
From: lml1 Recommendation  Read Replies (2) of 9129
 
If the drop in ASP is, in-fact principally due, in-part, to sale of low-priced USB modems, then QCOM's treasury should have been buying back its stock big time the last couple weeks, in particular the last few days.

What PJ essentially conveyed to the market today is that a misperception in the market speared by the analyst community. Issue is how the market reacts to Paul's statement tomorrow, & whether he can measured or evaluated by overall market action.
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