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

To: Uncle Frank who wrote (50891)	11/18/1999 1:27:00 PM
From: Jim Willie CB	Respond to of 152472

on Time Compression we have been witnessing the enormous effect of Time Compression on a shorterm basis in recent weeks... the announced 4:1 stock split opened the door to a rapid rise in perceived and actualized company stock value next comes the longterm effect of Time Compression... as Wall Street becomes increasingly confident and convinced that "The Microsoft of Wireless" has emerged, they will NOT allow 5 years to pass before ultimate valuation is granted the Time Compression will force QCOM marketcap to exceed $200B sometime in y2000... perhaps by late summer, maybe autumn... forget the nearterm fundamentals... they will inevitably catch up... as the probability of sitting in the catbird seat rises, so will valuation to its ultimate stable value... nobody but nobody will want to be late to the party... everyone will want to get on early if this sounds a bit unlike my thoughts, then you are right had a phone confab with Bear Bryant last evening Coach sat me down, I learned dadgum, gimme one of them cheerleaders / JW

To: Uncle Frank who wrote (50891)	11/18/1999 1:29:00 PM
From: Gabriel008	Read Replies (1) \| Respond to of 152472

Just to clear the air, gaps in many cases are filled only if there are no artificial/outside factors impacting the stock. These factors can include splits, momentum investors and economic issues among others. In the case of Qcom, of which I am strictly an options and leaps player, this assumption that it will fill the gap is pure nonsense. There is too much MM manipulation going on & this should not be confused with filling the gap.

To: Uncle Frank who wrote (50891)	11/18/1999 1:33:00 PM
From: Curbstone	Respond to of 152472

Nice post Frank, what, are you bucking for a promotion already????

To: Uncle Frank who wrote (50891)	11/18/1999 1:34:00 PM
From: Poet	Read Replies (3) \| Respond to of 152472

There are many ways to make money in the stock market and, in my opinion, deciding that "long term buy and hold without margin" is the best or most sophisticated way is very limiting. To characterize those who have bought QCOM based on momentum as "the feelings and numbers crowd" is denigrating. Who is to say how long a recent buyer will hold this stock, regardless of whether he or she bought based on fundamentals? I enjoy Greg Mullineaux's posts, as I do many others here, but to say that "his posts provide us insight into the feelings of what is probably the majority of investors" is a little over the top. Perhaps Greg post reflects your concerns about filling in the gap. I know it reflects his. To say that one's opinions speak for a majority is dangerous .

To: Uncle Frank who wrote (50891)	11/18/1999 2:12:00 PM
From: Jerry Miller	Respond to of 152472

your reply serves as a compelling reminder that while the day trader's task of beating the market is challenging, it is also a rather narrow pursuit. if indeed our friend has chosen to serve as a lighthouse for those "investors" whose skills are centered around "lore", let him say so. not to imply that investing is in any way morally superior to day trading. but the circumstances of this medium, i'm sure you would agree, call for facts. as many, and as often as they can be stated. anything less strays from the sublime.

To: Uncle Frank who wrote (50891)	11/18/1999 2:39:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

Greg's fear about returning to 260's is a pile of poop that might represent some people's worst fears but a few of my other worst fears are ... - the sun doesnt rise tomorrow - my stock account shows no record of recent QCOM trades - all banks fail on Jan 1st, 2000 - I die all alone some fears are best unsaid if a person with less experience on the thread had made such comments, you might have jumped all over him/her next event: naked option call holders cover their arses pile of poop / Jim

To: Uncle Frank who wrote (50891)	11/18/1999 4:05:00 PM
From: DownSouth	Read Replies (1) \| Respond to of 152472

I agree, Frank. You could line Greg up on one side of the room, and LindyBill on the other side and you would have representatives of the numbers guys (and gals) versus the fundamentals guys (and gals). Greg may be calling the short term reasonably accurately, and LB may be calling the long term equally as accurately. I gain insight from Greg's posts, as I do from JW and V. They also add spice to this hot thread, though I hardly ever make trade decisions based on their opinions.