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


To: waverider who wrote (78025)7/28/2000 11:20:35 AM
From: freeus  Respond to of 152472
 
Nothing will hold up this market: I'm still waiting to get my other Qcom shares back, may have a chance at the 50's next week.
We are in for a bad time, once again.
But....
I remember last year at this time: I had a lot of Triquent at 40 and had sold cov calls against it at 60. During the August meltdown I called to see how my accounts were doing (from vacation) and TQNT was down in the 30's and my cov calls were in a big profit mode. I almost bought them back, but didn't.
My TQNT was eventually taken away from me at 60 but the stock went to 120 and more during the Nov-Jan period.
So much for protection.
I'm more and more convinced that the time to be in the market is Nov-Jan or March. After that, cover everything!!!!!
Or buy puts!
Best wishes to all: should I dare put in a limit order to buy Qcom at 54?(Promise me it won't go lower than that!)
Freeus



To: waverider who wrote (78025)7/28/2000 1:52:28 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 152472
 
If we bounce here, I'll make the brave prediction that support at 60 (approximately) has been (shorterm) sort-of maybe re-established, unless things change, which they always do.

I don't think 64 is an important number. It looks to me like the stock has gone through that number, in both directions, repeatedly recently, without even stalling briefly. If I manage to pick up more at 60 (buying on margin), then I'll sell some just below 70.

If 60 fails, then I'll wait a while, to see if the stock gets into the range where I start buying LEAPs (40s).

Volume still hasn't picked up. This is a bad sign, indicating that we (maybesortofIMO) haven't found a firm bottom.

JS@equivocators.com



To: waverider who wrote (78025)7/28/2000 2:10:12 PM
From: S100  Respond to of 152472
 
Qualcomm will not directly participate in 3G
license bid

Qualcomm has no intention of becoming embroiled in the competition for
IMT-2000 license here, although it has been asked to participate in a consortium
bidding for one of the three available licenses.

"The competition between the four contenders will be a very fierce one and we
do not intend to participate in any consortium led by service operators," said Kim
Sung-woo, managing director of Qualcomm Korea.

Confirming that it had been formally asked by the Korea IMT-2000 Consortium
to participate as a consortium member, Kim said that for now Qualcomm sees no
compelling reason and that the matter has been put on hold. "We've not made an
official response yet," Kim said.

"Qualcomm is a technology firm and with the upcoming development of chipset
that can support roaming between GSM (global system for mobile communication)
and MC 1x networks, we have no reason to be concerned whether Korean
operators decide to adopt our cdma2000 technology or W-CDMA (wideband
code division multiple access)," Kim explained.

But he added Qualcomm may consider participating in a consortium if it is invited
by Samsung Electronics or Hyundai Electronics Industries.

Meanwhile, Korea IMT-2000 Consortium which had said from the beginning
that it will deploy W-CDMA service changed its position, declaring that it remains
flexible on the issue.

The shift seems to have been prompted in part by its desire to have Qualcomm
participate in the consortium and in part by its need to look favorable in the
government's eyes as it is widely considered an underdog in the race dominated by
incumbent players.

Although the government has said that it will not meddle in the standard issue, it is
giving indications that it willing to give firms incentives to deploy cdma2000,
according to industry sources.

The issue of technology standard for the third-generation mobile telecom is a
thorny issue that could potentially be an embarrassment for the government.

Although Korea was the first country to roll out commercial wireless service
based on the CDMA technology developed by Qualcomm, all four bidders for the
three 3G licenses have declared that they would like to deploy the rival W-CDMA
service because of the market potential.

While W-CDMA is expected to carry 80 percent of the global market, the
market for cdma2000 is expected at only 20 percent.

koreaherald.co.kr



To: waverider who wrote (78025)7/29/2000 6:49:19 PM
From: Spreck  Respond to of 152472
 
Hey Rick I sold my JDSU EPNY AVNX on Wednesday Morning. It looked to sad to see all the big guys come out with good numbers and go down. I am now 65% in cash and I think that i will be going further as the big boys CRUCIFY the stock market. I am beginning to be a big believer of what Bob Brinker keeps Saying about Multiple Compression. We are about to see the market go in reverse. a slow but costly grind downward. Mr Greenspan Will have his way. Cash will be king for those smart enough to be there... I have learned a lot about Multiple Compression and When Bob keeps Beating that Message out over and over I do not wana be left in the market as I have been in the past....
taking my lumps now may be very rewarding as we continue onward. Again MACD Does not mean anything when we are going Down.... Oh well till the next one ....
Spreck