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Technology Stocks : Stock Swap

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To: SE who wrote (11398)2/6/1998 1:26:00 PM
From: Andrew Vance  Read Replies (2) of 17305
 
*AV* -- I must give credit to some of the advisories that I occasionally mention in my "Tidbits" highlights. As a matter of fact, one of them picked QCOM as a great short. As you know, I bailed out and was waiting for a retracement. As usual, I bailed a trifle too soon (low to mid 50s) but I sure don't regret missing those exrtra few points. Now that the stock has tumbled, you guessed it:

Fri Feb 6 QCOM RESEARCH ALERT - Qualcomm
Fri Feb 6 QCOM Qualcomm Inc downgraded by Cowen&Co, Merrill Lynch
Fri Feb 6 QCOM RESEARCH ALERT - Qualcomm downgraded
Fri Feb 6 QCOM RESEARCH AELRT - Cowen cuts Qualcomm
Fri Feb 6 QCOM RESEARCH ALERT - Schroder cuts Qualcomm
Fri Feb 6 QCOM QUALCOMM Sees Lower Sequential Fiscal 2Q Earnings
Fri Feb 6 QCOM RESEARCH ALERT - Qualcomm estimates cut

I'll tell you, these guys are absolute geniuses to predict this AFTER the fact. And who says I wouldn't make a great analyst. My problem was being able to react BEFORE the price dropped<GGG>. I guess I goota learn how to do it their way<GGG>. Predicting the event AFTER the event.<GGG>

I still think #10,400 should have a sign in it saying "This space reserved." <GGG>
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