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


To: mishedlo who wrote (3561)7/9/2001 10:50:20 PM
From: The Reaper  Respond to of 6873
 
M, you know that QCOM is a story stock. Being such, valuations can and are suspended as the story unfolds. I defy anyone to attach a valuation to QCOM that's "reasonable". MSFT was "overvalued" for years in all kinds of markets, not just bears. I'd be willing to bet that QCOM sees 80 before it ever and maybe never sees 40. Although it would have to be a small bet since most of my net worth was taken away with the QCOM slide.(g)

BTW, where's all this pumping you're talking about. Everything I read is how overvalued QCOM is.
kirby