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

To: Ibexx who wrote (74678)	6/23/2000 10:39:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 152472

Thanks for reminding me to look at the nasdaq after market trading, Ibexx. Qcom was pretty active with 215,000 shares, traded as high as 71 9/16, and closed up a buck over the day's close. That's a positive note to close the week on, even though it was a bit of a disappointment that Q just churned around the excellent news. uf

To: Ibexx who wrote (74678)	6/23/2000 10:48:00 PM
From: techguerrilla	Read Replies (1) \| Respond to of 152472

Hey Ibexx, some thoughts for the weekend I trust the weekend for collected thought processes and rational analysis by the more reputable journalistic enterprises. It's clear that Nokia is admitting its failings in being able to produce CDMA phones for the U.S. market. It's also getting clearer that Qualcomm's 3G technology is going to be more rapid in entering the U.S. and Asian markets. The GSM forces may not even have technology to field test in that area--EVER! (HDR's rollout could be a real eye-opener too.) This is all very complicated and far-reaching technology. Way too difficult for the brainless American retail stock investors and, even, Wall Street analysts to understand. They live in an "instant gratification" society. One that asks what a company's "numbers" are going to be THIS QUARTER. Did it beat the "estimates," "the whisper number" (a National Enquirer concept), or whatever? Qualcomm remains an incredibly discreet, elegant, and mysterious company. (Hard-nosed negotiators, I might add.) It's difficult to be an investor in it when such powerful and vituperative forces oppose the company. It's unfortunate that Qualcomm doesn't seem to be a company that wants to defend its stock with an active investor relations department. (I'm kind of coming to the conclusion that they are a bunch of engineering geeks. But I love them anyway.) What bothers me is how Qualcomm participated in a hype of its stock. Announcing a 4-1 stock split at 200 or so last fall was a tad bit of hype in retrospect. It was all based in part on anticipation as to China to a degree at least. In that regard, Qualcomm for once may have been manipulated and used in the WTO battles. This has all been very discouraging. But, I guess, I've just become a Q-head. God forgive me. It would be nice if my portfolio would forgive me too since I entered the stock at 390 last fall. Have a good weekend and let's hope the New York Times, Barron's, or the Wall Street Journal digs into the truth related to Nokia having tried to take on Qualcomm this past week or two. You have to admire Qualcomm's resoluteness while its stock is under such irrational pressure. It's so ironic that the company's strength for the future is getting solidified while its stock is getting hammered. John

To: Ibexx who wrote (74678)	6/23/2000 11:57:00 PM
From: waverider	Read Replies (1) \| Respond to of 152472

Well... Mike is back in... Greg is back in... Ruffian never got out... Neither did I...but did add with margin today... Moonies have been vaporized... Old timers are being nice to each other again (well, with a polite, cutting edge)... Hell, it's pretty obvious to me...we're heading back up. <H>

To: Ibexx who wrote (74678)	6/24/2000 1:27:00 AM
From: Junkyardawg	Respond to of 152472

I added more QCOM today when it dipped to $69. Watching TXN for an entry. dawg

To: Ibexx who wrote (74678)	6/25/2000 1:02:00 AM
From: JGoren	Read Replies (1) \| Respond to of 152472

interesting comment to say after hours is institutional trading; conventional wisdom is otherwise. could it be simply that the real significance of Friday's news took some time to sink in, and some investors decided to buy before too many figure it and the opening price is up further on monday?

To: Ibexx who wrote (74678)	6/25/2000 7:25:00 PM
From: Sully-	Read Replies (1) \| Respond to of 152472

Ibexx FWIW, in case you felt I may be shorting QCOM, I'm not. I try to post any relevant links/news for discussion purposes. If the news is bunk, FUD, whatever, I see it as relevant as it may it may impact QCOM share price. As history has shown, even BS & FUD can cause violent swings in share price. I did bail out of QCOM, last month unfortunately, in the low $70's. It had nothing to do with my bullish stance on QCOM's fundamentals. It was capitulation to the FUD & fear it would go lower. FWIW, I am looking to buy again & soon. w2