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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (17472)	12/29/1999 2:57:00 AM
From: Khai Nguyen	Respond to of 57584

Thanks Banchee and happy holidays to you. Lately I'm too busy with ELCO of which I held a large chunk long time ago. I have to torture myself everyday for not to sell them before the year end. Besides ELCO, I have a few of B2B stocks like CNQR, OPKT,ARIS, "SGAI"...which are very profitable for me. But I have to get rid of them before the year end. The market is always scary to me. I'm still have 1K of XYBR @ 2 5/8. Please enjoy your holidays, I think most of the member in this thread made good money this year. Thanks to Rande and few old timers like you, Kevin Shea, American Spirit, Kevin Thompson and the rest.

To: BANCHEE who wrote (17472)	12/29/1999 8:51:00 AM
From: Rande Is	Read Replies (3) \| Respond to of 57584

QCOM. . .give me a break! . . . . .It closes yesterday at 503 after rebounding from a drop to 470 on the XING news. So what do the Anal-ysts do overnight? They upgrade QCOM to 1000. It is now trading at 573. . .up 70 points on just 125,000 shares!! Hello? Then CNBC has nothing better to talk about, so they take QCOM from segment to segment. . . pumping as the price keeps rising. Shorting at 570 in the pre-market looks to be a better play than buying there. Funny thing is. . . .if I were to upgrade HEAR to 100, I would be accused of hype. But these anal-ysts can just keep putting out upgrades on the stocks they hold and people buy it. If we are at the near-term top of the market for high techs. . . [who would argue this?] . . . then tell me why ANY brokerage would go out on a limb and say "buy QCOM at 570, 680, 800 and 900 because it is going to 1000!" The only reason is to further their personal gains. . . To recommend investors load up with these high-fliers at these levels in the current market is IRRESPONSIBLE and the brokerage houses that do so should be investigated and fined by the SEC. "That's P-A-I-N-E, Capital W-E-B-B-E-R. . . that's right, officer." And if CNBC pumps this upgrade, in the face of a market that is dangerously high. . .as their own analysts have warned many times. . .KNOWING FULL WELL that the upgrade is considered by MOST to be extreme. . . .do they not share in the responsibility? And when America shifts its appetite from CDMA to one of the new wearable PC formats that use wireless internet, email, etc. . . like Broadcom makes. . . . then the future is limited for QCOM? I don't like what Wall Street does to the American public. QCOM now trading at 581 in pre-market. . .with only 170,000 shares traded. . . if this is not market manipulation, I don't know what is. Rande Is