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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: TimeToMakeTheInvs who wrote (36333)4/26/2001 4:29:45 PM
From: Dalin  Read Replies (2) | Respond to of 65232
 
while QCOM should find support at 50 perhaps (my opinion only). Not sure if NEWP even missed their numbers recently and maybe just guided down forward guidance (someone here can tell us), while QCOM missed.

I thought I read that QCOM reported .29 "in line" with estimates, but guided down.

QCOM is a toughy right now. Good arguments for it going either way. I did some paper trades on it today, just to see what I could do, with tight stops. Shorted it at 58.6, covered at 59.6, went long at 60, sold at 59. YUCK!! LOL

Still holding my QCOM. Short term it could see 40s again. Long term, its still a great stock.

:0)

Jus some ramblins from da Rambler