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: Uncle Frank who wrote (46147)	10/25/1999 11:21:00 PM
From: lurqer	Read Replies (1) \| Respond to of 152472

Hmmm. Your contention that Q's behavior is actually well thought out efforts on their part to keep the momentum crowd from distorting the valuation of qcom challenges my credulity. Go back and review the actual sequence of events that occurred at the time of the secondary. I certainly would not argue with a steep but orderly rise in price would work best for recruiting and retention purposes , but the best way to achieve this is not ineptitude. As for Dr. J's management team is brilliant , it was not their brilliance but their eventual focus I was questioning. The key word here is eventual. Currently, they are (IMHO) focused exactly where they should be - the supremacy of CDMA. But a couple of years from now, no WS smarts may mean the difference of 25 to 35 in PE #s. In response to it would be a mistake to underestimate the Q , I can only say there is a reason why Q is my largest holding. Prosperous investing. lurking ... lurqer

To: Uncle Frank who wrote (46147)	10/25/1999 11:45:00 PM
From: Jim Willie CB	Respond to of 152472

TA on the Mighty Q previous resistance from little Cup&Handle was 205... then we vaulted toward an unsuccessful retest of 225 top... no problem, we failed but now stare at a Nov2nd announcmt date and an opportunity for a new but brief run from 223 intraday hourly top, we retraced almost exactly 5/8 from 205... now sitting at 211... cannot stress the prominence of 3/8 and 5/8 from Fibonacci accumulations we may not have time to form a new Cup&Handle... but the likelihood of a swing momentum drive upward seems strong... the length of the swing is 223-211 = 12 pts TA target: 223+12 = 235 intraday target only catch it while you can on option exits I will try myself the general market is sickly, ready to roll over QCOM reports out of synch with other techs therefore, I expect we will fall somewhat short of this target like 231-233 good to be back from NahthEast Kingdom in Vermont still willing to cuss out ignorant morons though / Jim