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


To: Maurice Winn who wrote (37887)8/11/1999 1:19:00 AM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
Maurice, bear in mind [if 'bear' isn't an unfortunate word] that if Internutters sell a swarm of other stocks as well as some Internuts, it will artificially reduce the Qualcomm share price, so people who have some cash sitting dry, [or with small margins], will be able to buy up heaps at a bargain price.

It's an ill wind that blows nobody good. Q! sold $1.1bn or stock at a good price [$156.50] and that money is in the bank. Q! value is going up while the price is going down - apart from that big honey pot, the Thinphone is selling like hot cakes.

So Mighty Q! fan club members will be given an early Xmas present.

Stand by to load the truck! This will be a huge transfer of wealth from people holding overvalued Internuts to those who were more judicious in their valuation of companies and accurate in their predictions.

Mqurice

PS: [Don't forget the double your money-back guarantee].

Also, don't forget the total eclipse, happening shortly, which will be a very spooky event and in itself sufficient to cause a major market collapse.

agraphic.co.uk

We can only hope there are enough 'Travellers' chanting incantations at Stonehenge to stop the effect.



To: Maurice Winn who wrote (37887)8/19/1999 7:32:00 PM
From: Maurice Winn  Respond to of 152472
 
bigcharts.com

Interesting TA point of view. It looks like a traditional Head and Shoulders with a dead cat bounce at the end. This TA could be fun. Just make up any story at all to explain what's going on. The dead cat bounce seems to be well within the downfall slope of the right shoulder with 150 the month or two from now aim.

It'll be interesting to see how much other stocks such as Q.com and GREAT [I heard from Jon] companies like Gillette and Coca Cola get carried along in the slide.

Incidentally, it's the 21 August here tomorrow. Dow 8314 is supposed to be here then. This is getting worse than the rollout of Globalstar; sliding to the right. For such a big drop it'll have to start here and roll out over a couple of days.

Mqurice [TAGuru]