glen ,,i have been in qcom for about five years and got in at 38$,,it is a great company that owns cdma which is going to be the new standard for mobile telecomunications,,it would always trade up yo 80 and the go right back down to 40,,,it only recently ran after settling their suit with ericisson,,,the reason it is trading so high is because they are working on a hand held phone that has net capability
it is a great company with great company but the only concern i have at this point is that it is trading like a .com and it is a real company, imo i would buy in the 120 -130 range and keep in mind that it has usually traded down in the summer months,,i sold my shares at 147,,and have bought a small put position,,the funniest thing though is that ebay has a bigger market cap,,,figure that one ought !!! |
