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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (90300)1/28/2000 7:00:00 PM
From: Mani1  Respond to of 1571806
 
Tench Re <<Any reasons as to why?>>

So I can sell it at a higher price. :) Well as you know QCOM is still extremely expensive. I will not go in to the fundamental analysis of QCOM as I think you are fairly familiar with it.

I like to buy companies that have strong long term fundamental, on substantial short term decline. QCOM has had a big decline on nothing but profit taking. If the market reverses QCOM could be at 150 to 170 very fast. PE is not as ridiculous as it was just couple of weeks back.

Mani