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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?


To: Michael who wrote (1022)11/15/1999 3:54:00 PM
From: Maurice Winn  Read Replies (1) | Respond to of 12235
 
The whole situation is amazing. MSFT traded value so far today = $1.7bn. Qualcomm traded value so far today = $5bn.
Intel $1.1bn. IBM $0.5bn.

Qualcomm is BIGGGG!!!!!!

MSFT/IBM/Intel combined is only $3.3bn. About half the total of Qualcomm. Sure, these are dramatic days. But the old theory that Qualcomm will be bigger than IBM/Intel/Microsoft combined is true today [and in recent days] as far as value traded on the stock market.

Imagine the stockbroker joy and market maker joy at the situation. They make a chunk of every click of the trader's mouse and every time a ThinPhone customer gets excited and buys some Q! stock. And when somebody bails out 'taking the profits' to 'invest' in the Alan Green$pan currency con where they will have their value eroded over the years.

Good grief. Now 14.4m shares sold and $366 average, so $5.3bn and climbing fast. [Using delayed quotes] This will be about the second or third biggest value day for Mighty Q!

Don't forget, in physics, what goes up, must come down. Unless it doesn't.

Mqurice

PS: Dell $800m, Yahoo $1bn, Amazon $400m

So it takes a LOT to equal Mighty Q! which is heading for the close 16.2m x $366 = $6bn for another HUGE day. About double MSFT/IBM/Intel combined. Wow! Go Q Go