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


To: Cosmo Daisey who wrote (48841)11/10/1999 11:12:00 AM
From: Cooters  Read Replies (1) | Respond to of 152472
 
<<Students of the market will note that Q* is trading like Syntex did in the 60's. SYN had several splits in one year and huge daily gains following the splits. Committed investors added shares after splits and on weakness and made millions. But competitors developed their version of the birth control pill and SYN was eventually bought out.>>

Agree for the most part. The patent lock is similar and the price action is very similar. SYN was bought out over 30 years after the runup though.

Cooters



To: Cosmo Daisey who wrote (48841)11/10/1999 11:21:00 AM
From: Boplicity  Read Replies (2) | Respond to of 152472
 
ot ot ot

Cosmos, I can't believe you mentioned, SYN. That is the very stock I learned off of. Weird. . I had this late 70 year old broker, no schooling, used to be a insurance sales man, that was worth millions, never spent much of money until he got older, as my first broker. He used JNJ, WAG, and SYN as examples on how to play the market cycles. He gave me great foundation, that I still use today, 20 some years later. He would frown on the amount of trading I do though, this market almost forces you into it.

greg