Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 154.53

-0.8%

Jan 26 3:59 PM EST

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To: Ramsey Su who wrote (7861)	2/2/1998 11:45:00 AM
From: qdog	Read Replies (1) of 152472

Worry, worry, worry. Hit some golfballs, gurgle, gurgle. Better yet build an ark. Asia was oversold. Greenspan asked Congress to approve IMF funding and warned that Asia would affect economy. It still a market that will have some more mood swings, but it is also indiviual country. Indonesia is still a OPEC member that derives plenty form energy. Crude fell back in a failed attempt to break it's recent slump. So this can't be good for Indonesia. I've selectively been doing short term stuff with my cash. Sold last of my bond holding and waiting for the bonds to go back towards 6.25% to buy some more. Bonds are over bought IMO, due to the flight to quality. To contrarian about folks pushing bonds. Shoot I bot most between 6.75 and 6.9%, when all the flies were buzzing about stocks and poohing bonds. Now they are hawking bonds???? That was like a month ago they were hawking oil and drilling. On QCOM, at the strong earnings that they just had.; the recievables at over $400 mil, I expect continue growth. Piss on, this new standard. QCOM now appears to be a linchpin in negogiations. That has to be positive and a bit of a loss for Ericsson. Now QCOM appears to have a good chance to put to rest some of the litigation against it. They appear to be more of a player than some have attempted to portray. Still like BAY. Looking at a point in time to readjust my portfolio form a defensive to a more nuetral portfolio. Also like WCII (Winstar). Look for a fight over the budget and you never know where Clinton's zipper may lead us next. Expect sometime this year concern about hte election. Clinton keeps rebounding and the markets/economy continues on, Republican Congress could be in for rude awaking in Nov. That would challenge the markets mettle. Of course, what the heck do I know!!!! It's my opinion and I repeat all such warning; DO YOUR HOMEWORK AND GO WITH YOUR HEART!! Right.......What's a cubit?

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