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

To: Boplicity who wrote (49738)	11/13/1999 12:20:00 PM
From: James M Lee	Read Replies (1) \| Respond to of 152472

The stock needs to consolidate here for awhile (although it probably has some more short term upside). Support for QCOM has to be somewhere below 250 and a person would need a heat shield to save himself from that kind of pullback.

To: Boplicity who wrote (49738)	11/13/1999 12:27:00 PM
From: Jimmyjohn	Read Replies (1) \| Respond to of 152472

Very interesting post but why not wait until " a few high vol. days no price increase" occurs to call your top?

To: Boplicity who wrote (49738)	11/13/1999 12:32:00 PM
From: PAL	Respond to of 152472

Greg: the only bumps that are facing qcom s/t are those of ignorant analysts getting 15 second fame on cnbc, just like bill fleckenstein recent comment about csco not hitting the numbers, yet csco showed it otherwise. another item could be some guys making a big deal if some qcom executives registers to sell shares, even though it is a normal business because of the window for exercising company stock options. the main difference between qcom and other gorillas like msft, intc is that qcom has no competition so to speak. the competition is between new technology and actiquated ones, between computer and an abacus. both are useful, and some chinese are still using abacus, just like some european are still using gsm or att still stick with tdma.

To: Boplicity who wrote (49738)	11/13/1999 1:04:00 PM
From: jmanvegas	Read Replies (1) \| Respond to of 152472

Greg - You could be correct about a short-term top but what does it matter anyway if I plan on holding my Q shares for at least the next several years. I was ecstatic at the Q when it traded at $250/share. Is anyone on this thread going to sell their shares before the split - I don't think so! I want my additional shares so bad that I could taste them and it tastes like fine wine and superlative lobster right now. Now for option players, swing traders, day-traders, etc. your point is well taken - so let them create all this volatility - I really could care less. Bottom line - your $150B market cap prediction for next year which I love is much more important to me personally than the daily price swings - the Q is going much higher long-term, much higher. OT - I've seen your posts over on the CNXT board - ML has a price target of $70/share - what's your price target on CNXT - am thinking about entering - I don't think I'm too late - interested in your opinion. Thanks. jmanvegas

To: Boplicity who wrote (49738)	11/13/1999 1:09:00 PM
From: LLCF	Read Replies (1) \| Respond to of 152472

There are some large players agreeing with you and buying insurance in the options market. DAK

To: Boplicity who wrote (49738)	11/13/1999 1:42:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 152472

I couldn't help but have a little jousting by verse with the two of you before indulging my Sat. morning coffee and the hitting of the little white ball. Why certainly I knew what you meant! Love ya, V.

To: Boplicity who wrote (49738)	11/13/1999 5:05:00 PM
From: Sig	Read Replies (2) \| Respond to of 152472

Greg: Perhaps 10 of my relatives/friends follow our discussions on SI from time to time. Some have said they bgt QCOM because of what was said. To avoid confusing people, here is the route I took to accumulate Q with your encouragement 3-18-99 Bgt 1 leap zluar at $19 1/2, now = 2 zzuai worth $62,600 3-22-99 bgt 150 Q at 89 1/2 5-17 bgt 50 Q at 103 6-8 bgt 50 Q at 100 1/2 7-7 bgt 20 Q at 143 7-8 bgt 20 Q at 150 8-3 bgt 50 Q at 137 8-18 bgt 30 Q at 169 8-24 bgt 50 Q at 179 8-27 bgt 40 Q at 188 9-1 bgt 20 Q at 167 10-6 bgt 20 Q at 207 10-20 bgt 30 Q at 199 10-29 bgt 20 Q at 224 (I may have sold some of these) (Along the way I also bgt calls on 12 different days) I am also following the same general techique on Plcm, Jdsu, and a couple of others. Summary, to make a few points here. 1. I did not have to make a sudden decision that Q was the next Dell. Because that was not apparent early on. Just a gradual shifting of assets to a much faster moving stock. 2. By May, I was 'up' enough on the stock that the apparent risk of putting more money in it was minimal. Buying after that was much easier. 3. When Q got above $120 about the same time, a stock split was was in the future and buying Q was even easier. 4. As always, on a mo-mo stock the price appeared too high, $100, $200, $300, $400. No problem, just buy fewer shares 5. No safety net here, no covered calls, no puts, no straddles, no daytrading, no guessing an upward limit while its still moving Magnificent % gains on calls or leaps 6. I am neither a Dellionaire nor Quillionaire, but if I chose either as a goal and maxed out the margin( been there, done that, don't like it) it would be as some say 'Noooooooooo Problem'. But I choose to go with maybe 6 major stocks, like Dell,Qcom,Jdsu,Plcm, Csco, Aol and just play with others that you know about for fun. A quick comparison of the following charts would show why I consider the old-line companies to be in deep trouble trying to retain shareholder interest and sustain stock prices. (Its not only CPQ in trouble here)(G) techstocks.com techstocks.com Sig

To: Boplicity who wrote (49738)	11/13/1999 9:06:00 PM
From: Sig	Read Replies (1) \| Respond to of 152472

Your classic call on the bottom for Aol and others makes me pay attention to when you mention a short term top in Qcom Am glad you said short term, as some of these get on a relentless roll like that battery powered rabbit. Those include emlx,jdsu,vrts, vrsn,sunw. So far,from Oct 1998, no long term top in sight. A 3 months tanking on emlx at beginning of year, otherwise about 1 mo down and they are back at it again. Any sane person(hehe- scarce) watching Emlx would have to call a top on it at 8X?, at 16X? at 20 x?, at 30X. But there it goes up 38x in 20 months and still flying. techstocks.com I did not compute the share price drop on the dips, if Q did the same it could be scary, even if its a low %. If one was calling a long-term top it should be Emlx, not qcom. As far as shorting that 'dog', its a job for a mighty brave (or stupid) bear. And they may all go down if the NAS does. Sig