CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: Timothy Tashjian who wrote (1635)	2/11/1997 9:45:00 PM
From: Chris Reeder	of 1819

Tim I can't advise you, other than if that's what your study and feelings are, then short or sell. Frankly it may come to pass that TCI (right beside Motorola in Mr. Chris's companies to hate) bails. Sprint I think can handle that. Cox is the same. Stocks don't move in one direction, ask people that subscribe to Cabot market letter (on second thought, for those souls they do, Straight up and Even straighter down). Think they are doing real well. My personal methods don't fit everyones mold. I take profits when I deem prudent and when targets are reached. One Wall Street saying "IF you like a stock loves you, ask it. Don't wait to long for an answer." The prime function of a market is to raise cash for the companies to fund operations and growth. I feel QCOM offer is part of that process and feel for the short term comfortable. IF my interim (don't ask for, I don't normally answer) goal is achieve I'll sell all or portions. For the long term I believe in this technology and it prospects gobally, irregardless of Ericsson's chest beating about GSM (Government Supported Monopoly). I am concern, as always, about the health of this market. In a correction MOST stocks will take a beating, whether justified or not. Good luck with your trading.

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