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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: ALTERN8 who wrote (3543)7/9/2001 4:18:12 PM
From: The Reaper  Read Replies (1) | Respond to of 6873
 
They're not going to miss their quarter and would not be surprised if their visibility was moved up. The signing of the Nokia deal is a HUGE event. When the market wakes up to that fact shorts are gonna be in pain. There are plenty of horror stories out there without QCOM.

kirby



To: ALTERN8 who wrote (3543)7/9/2001 9:49:30 PM
From: Michail Shadkin  Respond to of 6873
 
Altern - Re: QCOM

Forward PE of 60 is pretty high.
I personally dont understand why QCOM hasnt fallen like the rest of the sector.

I think QCOM is a nice very short term trading stock for those that want to be highly dependant on the NAZ.

I personally dont like that kind of dependency.

Also, dont forget that MOT reports later this week. Should have a significant impact on QCOM.

QCOM has been quite strong lately and I feel probably a pass as a short candidate, at least for now.

Michail