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


To: plow guy who wrote (87747)11/17/2000 10:45:29 AM
From: Getch  Respond to of 152472
 
Audie,

LOL getting a public post from a guy down the street.

Got a PM last night, and the revised article from Cooters (87742) that the Nortel/China status is not yet clear, let alone the check. Will be looking for confirmations of the India CDMA WLL build-out, those numbers are huge.

IMO, Q2 earnings will be steady, we don't have any indications of pushed up timetables for buildouts in U.S. or Japan, but Korea will be improved. The real growth starts 2nd calendar quarter 2001. The question is when will the market realize that the real growth is about to start. From the action during this last NAZ fallout, the realization may already be sinking in.

Trading Range. Right now we have broken out of the trading range from July, with little upside resistance until 100, but am concerned short term that we will drop back in. My boat is already full, the question is whether to lighten up. I compare the gyrations of many here to lessen their buy-in cost, with varying amounts of success, to Uncle Frank's relaxed "yeah, I got mine" of long term Buy and Hold. I know I have said I want to trade Q swings, but that involves actually selling Qualcomm, something that goes against everything I know about this company.

Stochastics.
>I am not a trader so don't listen to this.< In watching Q for the past two years, it is clear that selling Q with daily stochastics above 80, and buying when below 20 has been a near dead on predictor of short term swings. I don't know why, but it has been. It is now over 80.
O.K., I'll try it, time to move out of the January's anyway.

P.S. Can you swing that plow by my place? I still got a foot of snow in front of the house and am stuck here on the damn computer answering your post.