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


To: Didi who wrote (71996)5/19/2000 4:22:00 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 152472
 
Only acquaintance I've had with David Tice as a talking head is that he was and has continually been trotted out by all the newsservices as a "wierdo" because he was about the only bear any of them could find to interview during the entire bullmarket run. Interesting eh?

I simply eschew the mutual fund modality as the preferred method for the hands-on investor. I'm aware many people prefer them. So, in a word...NO, I'm not aware of his "track-record" as a bull caller.

But look at it this way...if he's been bearish on the stockmarket in general, and no one alive would deny Q* has had a haircut in here, then for a bear to publically recommend purchase of a severely beaten down stock, which, by his own admission was due to the market MISINTERPRETING two recent news stories...the one on 3G royalty stream, and China/Unicom snafu.

Have a nice weekend.



To: Didi who wrote (71996)5/19/2000 4:45:00 PM
From: quidditch  Read Replies (2) | Respond to of 152472
 
Tice is most recently renowned, 1999, for questioning Tyco International's accounting for its acquisitions. I believe his thesis was that management artificially caused its targets to get their dirt done immediately prior to the business combination so that, post acquisition, it looked like the combined results, synergies etc. were shining.

In part, his statements led to an apparent SEC inquiry for the manner of accounting and heavy pressure on Tyco's price.

Management alleged that Tice was nothing more than the spokesman for the shorts.

Steve



To: Didi who wrote (71996)5/20/2000 11:00:00 PM
From: marginmike  Read Replies (3) | Respond to of 152472
 
David tice said to buy qcom?????