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


To: Poet who wrote (57281)12/28/1999 7:52:00 PM
From: Brasco One  Read Replies (1) | Respond to of 152472
 
<!>and I'm going to try to pick some up here.<!>

LOL!!!



To: Poet who wrote (57281)12/28/1999 10:32:00 PM
From: Rhino Ray  Respond to of 152472
 
OT Poet, ELCO is up in after hours because of a couple things.
1)As you know they have recently been repeatedly linked to B2B and compared with CMRC and ARBA

2)After hours I believe it was the Wall Street Journal caught up with the CEO while on vacation skiing and he said that next year they will do very close to the revenues that CMRC is doing (He didn't say CMRC he said the dollar amount, but the people on CNBC said that's almost what CMRC will do).

3) The CEO also stated that they are going to spin off ELCOM.COM. He said that the company has been severely undervalued and he believes it is now finally being recognized and getting the notoriety and valuation that they deserve. And that they now are only on the beginning of the first leg to much higher values.

It appears that the CEO said all the right stuff and everything necessary to push his stock. I'm sure it was all true, but he definitely gave it one heck of a huge shove.

Well enough about ELCO, Tomorrow Q should really rock. I think many people put some real low stop losses in just so they wouldn't lose their gains in a free fall. And the MM's just made a killing by rapidly taking out the stops. The fact is this really is a gorilla. I'm sure some of it was the portfolio managers selling to get their bonus. But I'm not sure they had to have an actual gain for their bonus. I'm sure a paper gain with a much higher NAV would give them the bonus. So I sort of question that theory.