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


To: limtex who wrote (64675)1/27/2000 8:41:00 AM
From: RocketMan  Respond to of 152472
 
Excellent post. The questions you asked yourself is what we should all be asking, not only about qualcomm but about every company we are invested in. Otherwise we start worrying about the wrong things and overlooking what we should be concerned with. This is what Rule #10 in the Gorilla book is about, something I was reminded of yesterday on the G&K thread.



To: limtex who wrote (64675)1/27/2000 8:45:00 AM
From: Jeff Vayda  Read Replies (1) | Respond to of 152472
 
L: You hit on a very interesting point. Last year's splits were viewed by some, as an attempt to get the stock price into a range to make it more available to smaller investors. Your comment: My guess is that Dr Jacobs knew precisley what a massive effect the expression "slowdown" would have on the stock price within minutes. They must have known and calculated the huge drop it would have caused.

Mr J. surely would have been very distressed at the reaction to the 4:1, if they were trying to get the stock price down into an 'available' level.

Perhaps this 'managing' of the results (above First Call and below Whisper) was a different path to the same goal: Accessible stock price.

Hmmm.... Crazy like a fox?

Fun speculation at any rate. The jury is out. Real good news would be around the corner if this scenario is correct.

Jeff Vayda



To: limtex who wrote (64675)1/27/2000 11:12:00 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 152472
 
I wonder if Jacobs wanted to set some mgmt stock option prices at lower levels???
could be, was rumored last September also

we are hours, or a day or two away from a possible short cover reflex rally toward 140... way too many smart folks shorted QCOM at 145-160 range... they see the support offered at 120, and will cover soon when lower prices just dont seem too likely

I see 140 as a wall of resistance, with 18day Moving Avg at 145... by the way, the 18MA is now leveling off... on the next downmove (like after seeing 140+/-), we might see a bearish MACD crossover... I am afraid such a bad crossover signal is not far off, like several days or a week

time to hedge belatedly at 138-145 range, if presented

to all who cannot tolerate TA fallibility, inability to forewarn of every single decline, predict every single turn, anticipate every single detail in the earnings report, expect every mishandled PR element in the concall, I apologize

still human after all these years, and very distracted by the end of my time here with my company (5 years), having to wrap up many things: documenting, training, final projects, saying goodbye, etc

/ Jim Willie