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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Bo Le who wrote (445)	1/6/2002 8:04:05 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

Bo, that so-called "China stocks" are a favorite of momentum investors from time to time. We got a little run in them a few weeks ago. The stocks are pretty volatile, but thanks for mentioning. China Unicom is one of the very best it seems looking at the numbers although I haven't researched very much. I see they have launched CDMA service, have a reasonable PE, and have had increasing momentum and money flow the last few days. A close above $12.00 on increasing volume in a positive market would be a positive. It is close to bumping against the upper Bollinger band, and is above the 20 and 50-day SMA. Good one to watch and research. Dec 20 2001 1:10 PM In Play QUALCOMM (QCOM) 50.20 -2.08 (-4.0%): Salomon Smith Barney says that today's CHU announcement that they will launch CDMA service in China on Dec 31 bodes well for QCOM, as China is one of the near-term catalysts that could drive the stock higher; this announcement confirms timing is on track for the launch and even a month ahead of schedule.