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To: IQBAL LATIF who wrote (31605)5/30/2000 7:45:00 AM
From: Robert Brooks  Read Replies (1) | Respond to of 50167
 
A short trade Ike?

dailynews.yahoo.com



To: IQBAL LATIF who wrote (31605)5/30/2000 2:35:00 PM
From: James C. Mc Gowan  Read Replies (1) | Respond to of 50167
 
Hello IKE: your call on QCOM was timely; the misinformation from various sources regarding China has been flying fast and furious the past week, culminating in what appeared to be a complete about-face on deployment of QCOM/CDMA by China Unicom, which is today doing a road show in NYC for upcoming IPO.

The price on QCOM had reached a level where the existing business outlook, absent ANY potential profits from business in China, was reflected in price. This is an excellent point to enter QCOM, IMHO.
Looks like we are holding above 1410, as I write. One close above or two, to confirm?
Any thoughts on NDX for a trade, e.g. QQQ as proxy?
Regards,
James