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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (33312)	11/12/1999 7:42:00 PM
From: fedhead	Read Replies (3) \| Respond to of 99985

Shorted QCOM ? Why short the strongest stock in a runaway bull market ? Are you betting this is the climax run in QCOM. Incidentaly QCOM has come up with some technology for high speed internet access called HDR which will be present in all wireless devices that want to access the internet. If their method becomes the industry standard they will enjoy huge royalties sort of like Microsoft derives revenue for every PC that is sold with Windows. It might need to consolidate its gains here for a bit but shorting QCOM is not exactly the best move here. Thanks Anindo