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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Ritch who wrote (21886)3/31/2000 9:22:00 PM
From: tinkershaw  Read Replies (1) | Respond to of 54805
 
In fact Q fell to under $400 a few weeks ago.

What do you consider a few weeks ago? Since the first of the year, the lowest point for QCOM was on 1/28. on that day it hit an intraday low of 105


Q hit an inter-day low below $100 sometime after Jan 6 (when I bought RMBS) until some date a few weeks ago when I was busy trying to shoot myself because I had no $$ to get Q LEAPS at the time. In fact I did a post on the Fool on the L'union board regarding a discussion when LEAPS might be a good investment. My example was that days Q results if one could have picked up below the interday $100 mark ($400). Although I did later pick up Q LEAPS at around $130.

Tinker



To: Ritch who wrote (21886)3/31/2000 10:46:00 PM
From: chaz  Respond to of 54805
 
He may have been talking about a trading low, not a closing low. Still, there's a huge difference between a company the size of Q with a highly predictable revenue stream, and one with a royalty stream of what ever size from a few companies. When I read that, I wondered first how many more companies would show up as customers, and if not many, and it took years for actual products to emerge, what would the company do for revenues until products did show up?

Q's customers are producing products now! Not later...NOW!

Chaz