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 175.37

-2.2%

2:55 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ramsey Su who wrote (533)	1/22/1997 3:58:00 AM
From: Chris Reeder	of 152472

I know an IS pro who made a million trading MSFT. QCOM will be like any other stock, run and pullback or go sideways. There is nothing wrong with the buy/hold strategy. Depending on who you listen too we are entering the 3rd year or 6th year of a bull market. Remember '87, oddly the last time IBM was a $175 stock. Many factors can rain on this parade. Too many folks are expecting 20% gains in the overall market/yr. and that is unrealistic. QCOM is in both accounts. The IRA accounts gets traded with regularity (no taxes to worry about for now). Regular account isn't as frequent. Oddly, I made more in the IRA on QCOM than the regular. Whether that streak continues.......well the crystal ball is on the blink. As more manufacturers, such as Motorola, start producing phones the margins and competition tighten up. Brand name vs. Who! That baby blue emblem carries alot of clout. Don't forget the others that signed up, like Nokia. These guys aren't slouches. It's been an impressive run with maybe another day of slapping the shorts around. Still the projections are for only $1.15 for the year. Hardly justifies $100/share forward looking for the next 12 months.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next