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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (34285)7/8/1999 3:46:00 PM
From: Jim Willie CB  Read Replies (4) | Respond to of 152472
 
<<At what price do you think would be a good entry point and why?>>

agree with LindyBill despite his strange name... I believe we are in a pause pullback prior to a massive assault of new highs... this gorilla is likely to gain 25-50% per quarter for several quarters... if you are generally uncertain about full immediate commitment of funds, try to buy 1/3 now, 1/3 on Monday, and 1/3 later next week... I will bet dollars to donuts that each price will be higher than the last

as for reasons why... simplest is BUY THE STANDARD if you learned anything from Intel and Microsoft... buy it soon, buy it often, and dont stop buying... more important is DONT HESITATE BUYING

Wall Street analyst "experts" missed last quarter by over 50%... they are likely to miss this latest quarter by 20-30%, which means they are wising up... next year earnings estimates might be 20-40% off, depending upon adoption rates... the establishment still loves Motorola, Ericsson, and Nokia... royalties alone in the upcoming quarters could fund a small regional bank operations as a wholly owned subsidiary... as time passes, Wall Street gets wiser... you want to own before they get wise

the professionals seem to fail in understanding some key fundamentals of the wireless industry, such as
- all GSM subscribers are not competitors, but eventual CDMA users
- CDMA is the fastest growing standard in the world
- only CDMA has future broadband wireless modem potential
- 18 million short shares out there to cover (13% of outstanding)
- Qualcomm and handheld PC's are just around the corner
X- Fourier Transform walsh coding yields pseudonoise (no static)
X- efficient spread spectrum allows greater capacity
X- lower power usage allows longer battery life

the "X" refers to key fundamentals which might be well known

THIS GORILLA IS A SCREAMING MOTHER !!!

/ JW



To: LindyBill who wrote (34285)7/8/1999 5:22:00 PM
From: Rick  Respond to of 152472
 
"At what price do you think would be a good entry point and why?"

Today's close.
I agree with the sentiment that says the more questions you have to answer, the more likely it is you'll get some of them wrong. It's hard enough finding a "young gorilla," but then having to decided if a stock that's increased 50% in the last 30 trading days (and 33% in the last 20) will go down a few points, before turning up, is beyond my ability. In any case I'd buy before earnings are announced.

Fred