Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: gc who wrote (39830)	9/5/1999 4:06:00 PM
From: John Hayman	Respond to of 152472

gc, I am more concerned with the TA of Q's price than the news itself. How investors react to the news is what determines the stock price , not the content of the news. Investors react, and the price reflects that action. It all relates, but the reaction of the investors is the only thing that concerns me. I don't see this last dip as any different. The only thing different is what you pointed out, that there is a lot of profits we are sitting on. I hear you about the recent concern, but is all that going to lower earnings? I understand that earnings are still looking pretty good. If not great! And again true, "no one knows how far it may fall". At the same time, in the end, no one knows how high it is going to go up either! I have no idea the direction of the stock price, but the story is still intact to me, and unless the stock price breaks that 50 day moving avg, I will hang on. We may test it again, but it sure held when panic was in the streets this past week! You stated in one of your posts that you were waiting to short the Q. Did you? At what price are you thinking of doing so if not? I have no problems with you shorting the stock. If you can make money , more power to you. Hey, that's why we are doing this stock stuff to begin with, $$$$. John

To: gc who wrote (39830)	9/5/1999 4:45:00 PM
From: Uncle Frank	Respond to of 152472

>> QCOM management itself sent a messenger to warn the investment community of intensifying competition, price erosion, component shortage, margin slipping. More importantly, these problems will continue well into next year. gc, I look forward reading posts by investors who make me re-evaluate my assumptions, but in your case, I'm going to make an exception. You have gotten very repetitive, and are just wasting bandwidth. Please consider the impact this may have on your reputation throughout SI. Prosperous investing, Frank