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


To: Jorj X Mckie who wrote (112641)2/8/2002 5:58:47 PM
From: Jon Koplik  Read Replies (2) | Respond to of 152472
 
Re : "pay attention to the fundamentals rather than the technicals." -- I would still tell you the same thing today.

How many dollars per share on QCOM have short selling players "scalped out" lately ?

How much is reasonable to expect on the upside over the next 12 to 18 months, if all confirmed realities of Qualcomm, CDMA, GPRS, wireless growth trends, etc. are finally reflected in QCOM's share price ?

I think you should just go long QCOM "up to your eyeballs," and check back in 12 to 18 months.

Jon.



To: Jorj X Mckie who wrote (112641)2/8/2002 8:11:47 PM
From: Stephen M. DeMoss  Respond to of 152472
 
Sorry that that happened. Having said that, I think most on this thread understood the importance of the 38 support area (lows of Sept. 11) and if it broke that little support was available to the low 30's. That is what I meant that most of us follow TA to some degree. Congrats on playing this well to the short side. Don't blame us too much if we like the fundies of this company. I love a company that is debt free with lots of available cash and has a growing monopoloy developing. For the record, what does you TA predict now? Short at 39 to 32 or lower? Your input is always appreciated. Steve D.