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

To: Boplicity who wrote (80417)	7/18/2001 10:31:15 AM
From: mishedlo	Read Replies (1) \| Respond to of 99985

Shorted QCOM at 65 today. Should be easy money with max pain at 60. Look at that POS VRTS - LOL. I was told I would have my head handed to me shorting that one. Unfortunately I forgot to hold thru earnings. DCB for 5-6 points after it stops falling then it gets sliced in half again. VRTS - What a joke M

To: Boplicity who wrote (80417)	7/18/2001 10:33:24 AM
From: t2	Respond to of 99985

B, That is interesting. China is also my reason for being very bullish on the PC sector, especially the ones supplying the CPU....Intel. There is just so much potential growth even though analysts keep saying that it is a mature market now. Companies like QCOM face more pressure than an Intel does, imho. QCOM has the pressure of a different wireless standard. Still a good buy for the long term, imho. I prefer companies like Intel. As I pointed out yesterday, you can get a pirated copy of Windows but try getting a Pentium 4 that way. Analyst Ashok Kumar was asked about Intel's valuation. He said they were more constructive on the stock...looking more at Sales levels instead of earnings.(margin increases can boost profits very quickly)