Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: baddtiming who wrote (34300)	9/9/2000 7:40:06 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

SDLI is already up about 1000% for the year. I don't play high-fliers. I wouldn't have bought QCOM at 600 when the big brokers came out and gave it a target of $1000 and I was right. One little dose of reality and it came post-4x split down to $200+. I would buy something like SDLI if it falls back to earth, maybe in the $100 range. No company can sustain earnings growth like that forever as QCOM has proven. Wait for it to fall someday then trade it off the bottom. Fallen high-fliers can be great trading vehicles once you guess their trading range. I traded in and out of QCOM recently four times and made money every time.

To: baddtiming who wrote (34300)	9/9/2000 7:49:50 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

More on telcos. Lehman downgraded WCOM earnings estimates last week by 3%. It then fell 27% from an already low price of 36 which was almost the low of the year already. Typical market over-reaction. The news I read though is that the big phone companies may cut back on expenditures. This will hurt the equipment suppliers not the telcos themselves. I'm not expert enough to know which companies will get hit the hardest but if you're in that sector and your stock is still near its highs watch out. Maybe dump. LU has already had such a hit priced in long ago so that's the one which won't be affected IMHO. I expect LU to gradually recover 15-30% by year's end helped by their spin-off moves.