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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: R. Ramesh who wrote (21708)6/16/1999 4:55:00 PM
From: Judy  Read Replies (1) | Respond to of 42787
 
QCOM was at 101 just yesterday, so it is certainly possible. Currently it is a market call more than anything else. Funds are coming back to buy solid stocks with strong growth stories since Fed fear is on the backburner for a couple of weeks. Once a long-term trend is in place, it requires a change in fundamentals to reverse it. Take partial positions at a prices you feel comfortable with.

MOT is another alternative to QCOM for wireless infrastructure. MOT has sold off its DRAM division, restructured and has a new CEO with a different focus. In many respects MOT reminds me of IBM, a company that did squat for a decade and then under new management became a turn-around story and then doubled in price within a year or so. Check it out and post back what you find. I used to own MOT and am considering it again.