SI
SI
discoversearch

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: Voltaire who wrote (47860)11/4/1999 6:27:00 PM
From: Robert  Read Replies (1) | Respond to of 152472
 
V
There are four dynamics involved that make it practically impossible for this stock to drop. Do not expect it to go down.

Could you elaborate.
TIA
Robert.



To: Voltaire who wrote (47860)11/4/1999 6:35:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 152472
 
>> easily 300 by end of month

This is scary; I have the same perspective <g>.

But there won't be anything easy about it.

Unc

btw, does that mean we'll be at $100/sh. on 1/1/00?



To: Voltaire who wrote (47860)11/4/1999 7:28:00 PM
From: cfoe  Read Replies (1) | Respond to of 152472
 
<There are four dynamics involved that make it practically impossible for this stock to drop. They are all psychological.>

After the earnings you wrote in a post that QCOM has arrived. (A view which I fully endorse, by the way.) Is this part of the "psychological" dynamics you are referring to? It is for me.

Example: Today on CNBC (my place to check out the current "prevailing wisdom"), after the close, the list of top telecomm stock movers included QCOM. In the past, that is before this Tuesday/Wednesday, a rise of a lot more than 3 points did not get QCOM on the list. Today, it was on the list. To me that indicates a shift in how QCOM is now held by the business media.



To: Voltaire who wrote (47860)11/5/1999 1:28:00 AM
From: jack bittner  Respond to of 152472
 
may i ask what are the 4 psychological, once in a lifetime dynamics?



To: Voltaire who wrote (47860)11/5/1999 3:13:00 AM
From: RoseCampion  Read Replies (4) | Respond to of 152472
 
Really interesting (wierd?) Q spin, from the lead/featured story on the Business page of the NY Times today:

Today, the total value of stocks traded on Nasdaq amounts to $3.7 trillion. The Nasdaq composite index is weighted by market capitalization, and a third of it now is accounted for by just five of the 4,842 companies in the index -- Microsoft, Intel, Cisco Systems, MCI-Worldcom and Qualcomm.

Reading this, if you didn't know better, you'd think that Q has the fifth-highest market cap on the NASDAQ. Of course, that's not true [yet-wait for next year <g>] - for one, Dell still has a cap 2.5x Q'sm and Oracle and Sun are probably still nearly 2x (probably there are others I'm not thinking of).

Either the writer (1) was really mistaken, or (2) added the first hot stock they could think of with an approximate cap of $40-50B to come out to exactly the one-third figure, without considering the potential for misleading the reader.

Either way, it's interesting that they picked Q to round out this set of Quints, and if it was (1) above, interesting that now when we get mis-information in the media, it's actually positive, rather than negative.

Another sign that we've "arrived"?

-Rose-

Link to whole story: search.nytimes.com



To: Voltaire who wrote (47860)11/5/1999 10:16:00 AM
From: MileHigh  Read Replies (6) | Respond to of 152472
 
V,

What is your take on gap trading? My experiences have shown me that most gaps are usually filled, we are getting futher and further away as we speak.

Regards,

MileHigh