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

To: re3 who wrote (40830)	9/14/1999 9:03:00 AM
From: CRay33	Respond to of 152472

Clarification on KIS prediction: It is true that KIS mentioned on another thread that he thought QCOM was overvalued, mentioned that at the end of the month the mutual managers wanted some window dressing, and made some rather large short/or puts move based on this. But then again, I remember his first message the day he noticed Q was down 25 points - it was a shocking surprise. For this reason, I believe he just got lucky - not had any great insight towards the company or market influences. In fact, Cramer was the original who mentioned the mutual manager idea - and KIS just repeated it. I've followed this whole situation, and it's clear to me it's a case of a 'blind pig occasionally finding an acorn'. BTW, he also predicted the next day a continued decline (wrong), so it doesn't suprise me why he's here now after the most recent pullback. Kind of funny how you get lucky like that, then all of a sudden act like a champion.