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


To: TigerPaw who wrote (55608)12/22/1999 10:38:00 AM
From: freeus  Read Replies (1) | Respond to of 152472
 
reshorting...Q keeping the rises as DELL did...
Shorting: the reason it seems so ridiculous to me to short Q is (And I have to admit I have shorted stock and made money at it but I am VERY uncomfortable doing so)
a. There are thousands of stocks out there to short, why not choose one that is making new lows instead of new highs?
b. There are stocks of all prices out there, why not choose one in the under $50 range so not so much of your account is at risk?
c. There are companies dying out there, why choose one to short that is alive, well, and booming?

And Q vs DELL:
Well my six month old expensive Dell computer just died so I'm not too happy with Dell right now. And I was in on Dell's rise right at the end, about a year before it stalled, so I dont know...I do remember being awed at some 9 and 10 up days. Q is at the beginning of a wonderful growth industry that can extend into all sorts of amazing directions. I do believe it will keep its gains...with corrections of course. I think 500 or post split 125 will be the new support, just as a psychological point.
Freeus