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


To: ratan lal who wrote (92359)1/23/2001 5:12:49 PM
From: waverider  Read Replies (1) | Respond to of 152472
 
>>>Will not take any long term positions in stocks that have a projected 2 year forward of 20.<<<

I assume you meant to add PE in there.
Be careful. NONE of the premier tech companies has ever sported that cheap of a price in their major growth years.
If you want quality, you have to pay up.

Rick



To: ratan lal who wrote (92359)1/23/2001 9:36:53 PM
From: JGoren  Respond to of 152472
 
My guess is you are seeing some accumulation of qualcomm, because it was low 70's and well priced. Price has been rising even though yesterday was average daily volume, today about 20% above the average daily volume.