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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: el paradisio who wrote (73151)	3/23/2001 1:26:18 PM
From: waverider	Read Replies (1) \| Respond to of 99985

el...others...what's your take on QCOM? The P&F guy Dorsey was calling it out as a buy based on his charts. I see it still in a downtrend, with $60 as a major resistance point. However, there does appear to be a ascending triangle the past few trading periods. It is one of the few companies who have not warned and is maintaining its guidance. Looking at 20% growth. Current PE for 2001 is 39. My purchase target is around $40. Don't have a postion yet.