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


To: LBstocks who wrote (70283)4/6/2000 10:50:00 AM
From: jmanvegas  Read Replies (1) | Respond to of 152472
 
LB: Sold a few days later and broke even on SILI since I had purchased a bunch of shares at 93. Based on SILI's revenues, earnings and growth, SILI should be trading at $300/share if one compares apples to apples. But then again, this market makes no sense many times.

Q held up very well in the blood bath we just experienced. But it has yet to close over 160. When it does in a convincing manner, then I will change my tune about dead money. The wide trading range has been established and not until some significant catalyst occurs will this trading range be broken. JMHO.

If you know of someone who is 100% perfect on their trades or forecasts, please let me know. Buying SILI at 120 in hindsight was a bad trade. Maybe in 1 year, that 120 price for SILI will have been considered cheap. Who knows?

jmanvegas