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


To: John Meares who wrote (68538)3/4/2000 3:12:00 PM
From: MileHigh  Read Replies (1) | Respond to of 152472
 
John,

>>it appears that you are saying qcom is dead money - that is - it's not a gorilla and the stock price upside is limited.

My comments were based upon your question, "why is the NAZ going up 100 points and Q is not?" (something like that)

My post outlines why Q is not participating "right now", that is, for the ST...So, yes, in a way QCOM is dead money (I don't really like that term though) in the ST.

BUT NO, QCOM is NOT dead money in the LT. It is just not a ST momo play right now. "IF" Dr J had said things are screaming right along, then we would not have missed a step here.

And yes, wireless is a high growth area, thus I still hold it, just a bit less than a few months ago.

I hope that makes sense!

Regards,

MileHigh

PS- It is funny how the written word can be so easily misunderstood. ;-)



To: John Meares who wrote (68538)3/6/2000 11:59:00 PM
From: MileHigh  Respond to of 152472
 
OT (sort of)

John,

See what I mean....

TERN up 9 today and up another 21 after hours. Is it over valued? Doesn't matter right now, it is going higher, MoMo at its best, until it lets you down, then tech wreck time...

This is exactly what Q is "expected" not to do, so no more Mo (for now).

MileHigh

Monday March 6, 6:13 pm Eastern Time
Terayon sees Q1 revs, earns above analyst forecasts
SANTA CLARA, Calif., March 6 (Reuters) - Cable modem maker Terayon Communication Systems, Inc. (NasdaqNM:TERN - news) said on Monday stronger-than-expected demand for its high-speed networking systems would result in better first-quarter earnings than analysts had forecast.

Terayon, Santa Clara, Calif., said in a statement it expected revenues for the quarter to reach between $55 million and $57 million, and exceed analysts' estimates for earnings per share.

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