SI
SI
discoversearch

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: puzzlecraft who wrote (64590)1/26/2000 5:37:00 PM
From: Dr. Id  Respond to of 152472
 
All of the "QCOM 1000" mo mo fleas have now left the horse, to borrow your phrase. Which is interesting, because I think Q's fundamentals look better now than when the "QCOM 1000" prediction was made.

Just as AOL's fundamental's are much stronger when merged with TimeWarner, and the momos bail. This is a scary market because there are investors out there that are attracted to the action, and bid prices up. When the fundamentals solidify (but the stock is trading less on wild speculation and more on actual value) they dump the stock. Very scary.

Whoever the recent poster was who said it's best to buy more Q, stop watching the day to day fluctuations, and check back in 18 months was very wise.

JB



To: puzzlecraft who wrote (64590)1/26/2000 6:53:00 PM
From: Ibexx  Read Replies (1) | Respond to of 152472
 
John,

In a way, I wouldn't be surprised if Dr. J had deliberately "set" the earnings the way it was - higher than First Call consensus, yet lower than whisper number - to purge the hot money out of stock ownership.

Any one who's been a market player for sometime would know that the flight-by-night shareholders are never a blessing to a quality company.

I think Q*, as of today, is in a better state than on January 2 when it was traded at $200, despite the fact that I am (temporarily, I hope) a few MMs poorer. <g>

Ibexx

PS: I looove your geometric designs.