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


To: Jenne who wrote (58892)1/2/2000 3:39:00 PM
From: freeus  Read Replies (1) | Respond to of 152472
 
reprice target revisions
Incidentally your post showing the pros and cons of short vs long term movement in the mighty Q was well thought out and excellent. I am constantly delighted by how INTELLIGENT so many of the posters here are and how much I learn from them.
Price target?I dont know.
55% institutional ownership is wonderful: it means that almost half the shares are NOT held by institutions which means
1. there is still room for more institutional buying and
2. swings should not be as major as when large blocks are triggered by sell signals.
That $250 is now probably sticking in people's minds as "what the Q is worth"....so it may bounce off that until next earnings report which is near the end of this month.
I assume we will all have a "buying opp" in April and May like always. It would be nice to have cash available.
Personally I'm selling some of my options and exercising others: this will make more buying pressure on the stock.
Good luck to all.
How can we be anything but smiley at the moment?
Freeus
Incidentally it looks like around the world stock markets are opening without "year 2000" incidents.