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


To: Jim Willie CB who wrote (36799)7/22/1999 2:13:00 PM
From: marginmike  Read Replies (4) | Respond to of 152472
 
Jim I sold 1000 today at the open to free up some cash. I am looking at 130's to start buying those OCT calls. The naz is going to 25-2600 no ifs and about it. I am just planning for the next earnings run. Qcom MGMT still has something up their sleeve, so things could change but enjoy the ride down!

I was kidding about them buying the stock back. However if the stock did pull back signifigently, what could they buy(other companies) that would give them a better return? If the invest it internally it would be different, however I would rather a stock buyback then buying some overpriced overhyped company. Lets see what happens. Irwin hasnt let us down yet.