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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (106250)10/5/2001 4:28:47 PM
From: im a survivor  Read Replies (1) | Respond to of 152472
 
so Jacob, after all thet.....where do YOU see qcom bottoming at.

TIA

Keith



To: Jacob Snyder who wrote (106250)10/5/2001 4:50:22 PM
From: waverider  Read Replies (4) | Respond to of 152472
 
Then there are the QCOM shareholders who also bought GSTRF and held to the end.

<H>



To: Jacob Snyder who wrote (106250)10/5/2001 5:03:23 PM
From: carranza2  Read Replies (1) | Respond to of 152472
 
QCOM's earnings have been more reliable than just about every other big cap tech?

Therein lies part of the rub, Jacob.

There has been a revolt against pro-forma vs. GAAP accounting methods for earnings calculations. If the latter method is used, earnings are not quite what they should be. If you're like me, and have a failure-proof eye for the truth of things, -vbg- you recognize that the GAAP figures take into consideration a bunch of items, mostly investment losses, which are not recurring. The money-making heart of the company--ASICs, license fees, royalties, etc., is, unlike a lot of other former high tech high flyers, roaring along just fine.

I will be disappointed if I see more charges and writeoffs, but I don't see anything significantly wrong with the heart and soul of the business.

Just my humble opinion.



To: Jacob Snyder who wrote (106250)10/5/2001 5:40:44 PM
From: Boplicity  Read Replies (1) | Respond to of 152472
 
RE: con·de·scend (k&#335;n'd&#301;-s&#277;nd')
intr.v., -scend·ed, -scend·ing, -scends.
1. To descend to the level of one considered inferior; lower oneself. See synonyms at stoop1.

2. To deal with people in a patronizingly superior manner.

----See post below----

Re: Supports and holders and such

Always in the eye of the beholder. The theme of my post is the need for more selling. I think there is need for some of the long term holders to through in the towel and for the ones that hopped on the band wagon to sell, to rid the stock finally of potential sellers. I believe that will happen at the level I stated.

RE: You strike me an a smart, successful person who, like many smart successful people, is firmly convinced that you are smarter than 99.999% of your fellow investors. Which causes the consistent error of overconfidence, exaggerating your own ability to predict the future.

--see below--

Post:

Please see the IMHO at the end of my other post. I'm no smarter then next guy, in fact I'm not the brightest bulb in the pack. But I do know one thing. No one is smarter then the market! NO ONE!

Indication of a bottom.

Sometimes a good indication for bottoms and tops is how people act on threads. It's sort of hard on this thread since the personalities are so strong. But I don't see anyone on the front covers of Money anymore, or being interviewed by some other rags, of having having parties, buying T-Shirts, etc etc like was happening at the top. As the bottom is being worked on, sometimes there is a lot of fighting by the regulars posters that have spent literally years together. I see this kind of thread tone repeated over and over again, all from my C-serve days.

---I for one want to a own slice of this company---

As painful as this is for the people that are holding and for the employees at QCOM, I see the selling as needed for reason I posted before.

---Integrity---

It's pretty hard to find people like Dr. J and company that have integrity like he does, that hold a technology that, in my mind, will change how we work, live and play! So I'm waiting for the correct time to buy as I see it based on how I view the action in the stock. No more no less.



B