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


To: Paul Moerman who wrote (81362)9/24/2000 1:24:00 AM
From: tekboy  Read Replies (1) | Respond to of 152472
 
DS, do you really mean to imply "any" price is reasonable to pay for QCOM next week? <g>

If not, at what price - next week - would you consider QCOM stock too expensive to buy (presumably then a good candidate to take profits)?


you're talking to a guy who's sitting on so much NTAP it would make your head spin, so taking profits isn't his style... a gorilla gamer would say you sell on proof of a discontinuous innovation--e.g., something that displaces CDMA or QCOM's rights to it--not on anything having to do with the stock price itself.

tekboy@course,thoseGGidiotshaveheldQallthewaydown,soyoumightnotwanttolistentothem.com



To: Paul Moerman who wrote (81362)9/24/2000 1:25:27 AM
From: DownSouth  Read Replies (1) | Respond to of 152472
 
Paul, I am one who believes that QCOM is very cheap right now. Any price that you pay next week will be reasonable when remembered 1 or 2 years from now.

If you are a trader, looking to buy low and sell high based upon a price limit to sell or a time limit to sell, then disregard my comments completely. They don't apply.

If you are an investor looking for ways to move up 400% or more in a year or two, then you will understand that 5-10% one way or another for purchase price next week is not significant.

I don't think reinterating the QCOM business model and prospects to justify my thinking is necessary. It's all been discuseed here many times.



To: Paul Moerman who wrote (81362)9/24/2000 9:58:24 AM
From: Dennis O'Bell  Read Replies (1) | Respond to of 152472
 
I know it's already been said countless times but ll one has to really do is go back and browse in market timing threads like MDD a year or two ago. Compare all the dire predictions about where things would be heading with what we know transpired.

This alone puts the hand wringing over catching the bottom on QCOM in perspective vis a vis the fundamentals.

This is not to say give oneself over to blind optimism, but more to show how tenuous the short term predictions and timing of things usually turn out to be.