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


To: limtex who wrote (110059)12/31/2001 2:13:19 PM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
might be a storm Jan 3.............30s? don't think so........



To: limtex who wrote (110059)12/31/2001 2:14:34 PM
From: jazzcat2000  Read Replies (1) | Respond to of 152472
 
Q is down 1.75% today. Nok and some others are down 3%. Friday Q was down less than 1% while the Nas was up 3/4 %. The trading day before that Q was up substantially more than the Nas. Today's action and volume are almost meaningless. I don't think your concerns, at least as it pertains to the last few days, are relevant.
I don't know where the price of Q is going over the short term and I do care greatly as I hold January calls but for those that talk about "smelling the 30's" I just don't see any basis for this kind of drop on a micro basis.



To: limtex who wrote (110059)12/31/2001 2:29:11 PM
From: Keith Feral  Read Replies (1) | Respond to of 152472
 
Limtex, you need to stop fretting about the trading action of this stock. No one is going to be trading until after the 7th. I doubt QCOM will have much to say until next Monday when people get back from the holidays.

QCOM and the wireless industry have a great March quarter lined up as CDMA2000 phones begin to hit the stores en masse. For the first time in 2 years, there will be a valid upgrade cycle for wireless customers in the US. The same will be happening in Japan, South America, China. India will be starting to build out WLL networks for CDMA2000.