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


To: American Spirit who wrote (93402)2/7/2001 3:26:25 PM
From: tradeyourstocks  Read Replies (1) | Respond to of 152472
 
Buying YHOO at $25 was a great move. Maybe the same as buying CSCO at $32. Or SUN at $27.

No, I don't think so. CSCO will go lower now that they have disappointed. There are just too many funds out there that hold CSCO and will probably sell now that it's going down. Remember, fund managers are lemmings. They just follow each other around. When some start selling, the others follow. I would add more CSCO if it falls to the low 20's or establishes a base at these levels.
I wouldn't buy SUN unless it begins to trade at levels along with the rest of the box makers. That's all SUN is, a box maker. They never have been nor will be a Gorilla.

MicroE