Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 140.16

+0.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Andre Lukas who wrote (293)	12/8/1996 12:40:00 PM
From: Badshah J.Wazir	of 152472

Andre, >>>So, again in trading range:buy in high30,sell in high 40? QCOM has been in this trading range for the last 18-24 months. I feel this was because the fundamentals and earning support was not there. The fundamental are changing for the better. Consistant earning growth may have started with this past quarter results. My guess is that it is going to break on the upside before the end of Jan to mid Feb. Therefore it may be prudent for longer term investors to avoid the temptation of trading in the high 40's. Trader may miss the boat on substantial gains once it breaks at the high end. QCOM's backlog of 1.7 billion is probably worth at least holding the stock for 6-12 months. Just my thoughts. Badshah.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next