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


To: Uncle Frank who wrote (40744)9/13/1999 8:32:00 PM
From: gc  Read Replies (3) | Respond to of 152472
 
Our eyeballs are looking at the same things: news and charts. only interpretation is different. I think I have given you enough of my interpretations. In fact, that is the exact reason you are complaining about. You just want to shot up my mouth. BTW, I do not want to see you or anyone lose money. That's why I am giving you warnings. I am not sure how low this thing could go. But, most likely, it will go lower. Of course, I could be wrong even with my honest opinion.



To: Uncle Frank who wrote (40744)9/13/1999 10:20:00 PM
From: JohnG  Read Replies (1) | Respond to of 152472
 
Franq. Some related quotes.

MOT 90.375 -8.25 -8.37%
LWIN 20.5 +5.8125 +39.57%
VOD 205.5625 +10.75 +5.68%
QCOM 153.375 -12.3125 -7.43%
GSTRF 30.8125 -0.9375 -2.95%
PCS 68.875 -1.5 -2.14%

All I have seen today makes me believe there is no fundamental reason for Q's drop today. In fact, there is much pos news.
1) Probable VOD/Airtuch-Bell Atlantic JV will extend CDMA usage and they have access to G* too.
2) Sprint up and goung w/ G3 type content
3) I haven't discounted China entry into WTO. They just have little real option other than to come in on terms they can't dictate. Alternative is devaluation, depression and stagnation. They need the rest of the world, but it doesn't really need China. So after they get the baffelment and mystification.
4)Analyst meet Wed will lift uncertainty about parts supply that was injected at Q3 conference call. The market hates uncertainty.
5) Pulling out of today's 8AM meet is unusual, but neither unreasonable nor out of character for Q mgt. Unlike some mgts, they don't run the co for the analysts.
6) Options expire Fri and (haven't checked) probably many shares will be called in due to low strike price vs mkt price. Important groups will bleed--and they need to buy this stock to cover as cheaply as possible rather than have their stock called away, thus loosing the LT gains tax treatment on their built in gains on Q stock.
QED
Just advised family members to buy,buy,buy tomorrow because Wed & Thur may be too late.

JohnG