"...it kind of reminds me of the times when QCOM dropped to the low 30s. You and I were screaming buy."
Yes, looks like a worldwide liquidity crisis. World's markets at last in synch. In the past markets have been see-saw. Jap up, USA down. Now all together. Now a bit of fear and panic. Lots of speculators in Asia splattered wall to wall. So, printing time by the money producers.
Time to go shopping maybe, but I have to use newly minted money - none of my own left! I'll have to borrow from the Fed, ship it to Korea, Japan or Taiwan and rescue some overgeared crashed-in-flames gamblers. So I need more of a crash yet! Qualcomm at $45 would be very tempting. Even $50 would be hard to resist. The world's biggest dead cat bounce is only part way complete. I guess wait for it to stop moving.
Have a nice holiday.
[I'm still too ignorant to know what's a good biotech to buy.]
Mqurice
PS: For ease of reference, my rant at Frezza's follows. [Ira says Newbury trials good].
Ericsson shares down - Bill, how about repeating the Qcom/Ericy share comparison again. Notice a trend?
cdmaOne subscribers near 7 314 159 worldwide. Market share increasing quickly. Notice a trend?
Ericsson lays off 10 000. Or was it 20 000? Notice a trend?
Bill F. goes AWOL - too busy to talk. Denies everything. Pretends he argued only for intellectual pleasure or something.
W-cdmaOne making headway. Ericsson vaporware will be operational anytime soon. Haahahahaha!!!
cdmaOne overlay of GSM seems to be making good progress in Newbury.
cdmaOne WLL orders pouring out the door. Are there many TDMA/GSM WLL contracts Bill?
Many cdmaOne handsets are on the market from several suppliers.
Iridium joins CDMA Development Group?!!! What? Oh, maybe they are
just spying?
Richard Bliss arrested by Russian Intelligent Military. All that scary GPS stuff! Europe considers arresting cdmaOne spies. GSM people getting desperate.
Eudora plus "Anita"-TM, with W-cdmaOne threatens Wintel empire and IBM/Apple etc. Bill G. ignores Qcom = oops!
Qualcomm sales exceed $2bn. Orders exceed $2bn. Notice a trend Bill F?
Qualcomm solves heavily loaded cdmaOne system problems with "CURRENT PRICE IS...." auction software.
cdmaOne heading for 30 erlangs per bushell. Not there yet Bill, but the technology is lining up. 10x analog easy now.
What a trend! Okay, gotta go. If you're closing it up Bill, thanks for the forum. Happy Xmas all. 1998 is really going to be bad for Ericsson! But good for cdmaOne in general and Qualcomm in particular. |
