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


To: Wyätt Gwyön who wrote (64916)1/28/2000 12:33:00 PM
From: marginmike  Respond to of 152472
 
Because at 180 I expected Qcom earnings to be higher in y2000 then I think they will be know. Without the market Hallo status Q will be in trouble. In TA terms it was apparent to me that parabolic up move was over in Q and in the NAZ. I still think we will make new highs by year end, and I want back. However I had 70,000 shares and did not want to deal with a weakened Q in a prolonged NAZ correction. Which I had said was inevitable. I think when JDSU sees some serious pain this will be over. I was in UNPH, CNXT, TERN and others moons ago and sold them on valuation concerns way early. I think those stocks(much like Internets did last year)need to take a breather. They got ahead of themselves. Now its payback time. I have been freightened for weeks
about the rampent speculation occuring here and elsewhere it fealt alot like last JULY. I was going to sell Q or hedge after earnings on the pop anyway. I just got lucky selling it. I still think Q will be the stock to own 2-3 years out.