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

To: John Koligman who wrote (75918)	7/10/2000 8:20:11 AM
From: edamo	Read Replies (1) \| Respond to of 152472

john.....are you a buyer? i'm starting to accumulate(via short put assignment)....i think if the fundamentals remain sound, it looks attractive.....if they fail...i'm out! use the threads and analysts as a contra indicator....remember qcom projected at 1000....everybody rushing out and breaking the piggy banks, paying absurd premiums for leaps, rolling purchased calls forward to gain time (this in itself a contrived option strategy that the uninitiated thought worked!) masses always end up holding the bag....sooner or later.... now nobody wants it...all worried about a bottom!....logically it's closer to the bottom now, then in the january "we gonna be rich" euphoria.... it's a perception thing........may go lower, and if it does can offer a merger/buyout situation.... the "flock" buying back into idcc.....