Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Voltaire who wrote (58359)	12/30/1999 8:35:00 PM
From: Jenne	Read Replies (3) \| Respond to of 152472

Qualcomm Queasiness By James J. Cramer 12/30/99 7:20 PM ET Click here for the latest filings from James J. Cramer. Did I get the top tick for Qualcomm (QCOM:Nasdaq - news) this century? Right now, with fewer than 24 hours of trading left, I am looking darned good with 200 shares sold at 746. It was pure happenstance, just total instinct. I walked in this morning thinking, what a moron, what was I doing holding on to some Qualcomm after this huge run? Bulls, bears and pigs. After my workout, I greeted Matt "Cellular" Jacobs, who sauntered in at about 6:14 a.m. I immediately launched into what a greedy son of a gun I had been about this Qualcomm. He suggested we play voice mail to see if any other analyst raised his price target for the stock. When we did and no one raised targets -- how unfortunate -- I grew furious at myself for not blowing the stock out. Join the discussion on TSC Message Boards. And at that moment, Mark Kantor, my trader, said, "There's a 746 bid for 200 shares in Instinet." Matt did a double take. I did a spit take. "That's up another hundo," I rejoiced. Just like that, I switched from chilly fear to dreamy greed. "What if it gets to 800?" I thought to myself. "What if it goes to the price target? Does PaineWebber raise its price target today?" Matt asked, "Aren't you going to sell some?" I snapped out of the 1,000 Qualcomm reverie and said, "Hit the bid." And at 6:43 a.m., the deed was done. Qualcomm never traded a penny higher. In a year where every single sale was a bad sale, I had finally made a good one. Fitting that it happened with one day to go.

To: Voltaire who wrote (58359)	12/30/1999 9:23:00 PM
From: Rhino Ray	Read Replies (1) \| Respond to of 152472

At 9 AM Eastern Standard Time It will be New Years in Sidney, Australia, @ 10AM it will be New Years in Tokyo and @ 11AM it will be New Years in Hong Kong. I'm sure everything will be smooth and as long as it is I believe the market will rise substantially tomorrow as most will realize there is nothing to worry about. Q rocks, Ray

To: Voltaire who wrote (58359)	12/30/1999 10:07:00 PM
From: MileHigh	Read Replies (2) \| Respond to of 152472

V and thread, I was just thinking about how Q could become the poster child stock of the new millenium. The decades new momo wireless data monster that solves all our current problems and makes life easier, more mobile, faster, efficient, rich and funner. Seriously, QCOM could turn out to be the best investment of the coming decade and all the talking heads may just discuss it in those terms on all the New Year financial shows. Any thoughts? MileHigh

To: Voltaire who wrote (58359)	12/30/1999 10:29:00 PM
From: SOROS	Read Replies (4) \| Respond to of 152472

VOLTAIRE, CHUZZLEWIT, SKEETERBUGGY, GREG, MILEHIGH, JIM -- ATTENTION I hear the bears say "know when to sell", "take profits", "get out." If any of these gentlemen had been in AOL or CMGI since, say, 1994, how many times do you think they would have used this rationale of "taking profits" or "getting out" for the past 6 years simply because it applies to some of their so-called value stocks? Do some arithmetic and put, say, $150,000 in CMGI at, say, $6 a share and buy and hold through splits, and tell me how much money you would have today? What you "value" investors fail to see is the technology behind QCOM and the future revenues. Who has a better long-term revenue producing machine -- CMGI, AOL, or QCOM? AOL's potential was realized a while back. It still has great promise, but QCOM's potential has just been discovered, has it not? Why do you insist on valuing QCOM in the same way you would COKE or Home Depot? Perhaps I am being naive, but just packing QCOM away and coming back in 10 years without looking at the regular market fluctuations seems like a "no-brainer" as it were. I have watched the daily movements and have become a nervous wreck. I will be converting all of my options into shares and making someone very unhappy if they didn't buy their calls back. Unless I'm missing something, I will hopefully be able to look back at QCOM in 6 years and see a like 5 splits as CMGI or a 7 splits as AOL and be amazed at the vast wealth created and very glad I did not listen to Howard Ruff, Joe Granville, Bill Fleckenstein, or SkeeterBug. You may now all take your shots at this senile old fool. I remain, SOROS ps One of you smart guys do the CMGI math and post the results.

To: Voltaire who wrote (58359)	12/31/1999 12:00:00 PM
From: jkc	Respond to of 152472

Voltaire, this is a message to you from someone who can't post on SI -- so I'm sending it for him. Many thanks from me as well! jkc To Voltaire, I would like to take a minute to thank you for the information on your postings. I have been getting them from a great woman who has shared with me your postings. I have read many of them over and over again... I very much appreciate what you have told and shown me about the markets and Q. I must say you're quite a person to help and share with people that are in need of skills to contend with the market and its actions. I want to send to you positive energy, protection, and good health. Take care and I know you'll have a great New Year. Many thanks again, DSuehiro... :]