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


To: Caxton Rhodes who wrote (113217)2/13/2002 7:35:25 PM
From: limtex  Respond to of 152472
 
CR a closr of+$42 would be a 20% hike in the stock price in a mere week!!!!

Best,

L



To: Caxton Rhodes who wrote (113217)2/13/2002 7:59:15 PM
From: Ibexx  Read Replies (1) | Respond to of 152472
 
QCOM's 30 min intraday chart:
stockcharts.com[m,a]faclyyay[dc][pb50!b200!b100!h.02,.20!c50!c100!c200!d20,2][vc60][iUb14!La12,26,9!Lg!Ll14!Lc20!Lf]&pref=G

--positive trending throughout the day and toward the close
--note positive money flow (CMF) today and yesterday as compared with previous days.

QCOM's daily chart:
stockcharts.com[m,a]faclyyay[dc][pb50!b200!b100!h.02,.20!c50!c100!c200!d20,2][vc60][iUb14!La12,26,9!Lg!Ll14!Lc20!Lf]&pref=G

--SAR (pink dots below candles) reverses from "short" to "long"
--CMF ended a long negative streak

Agreed that next few days will be crucial.

Ibexx



To: Caxton Rhodes who wrote (113217)2/13/2002 8:28:23 PM
From: David E. Taylor  Read Replies (2) | Respond to of 152472
 
Caxton:

Longer term (within three months), we should see a breakout of the BIG downtrend line which currently resides around the low fifties. If qcom can break that, then things might start channeling up for the first time in 2 years.

It's that BIG downtrend line that's been bothering me for a while. It's a declining wedge (or maybe it's called a declining triangle), and while the upper line is presently in the low $50's, the lower line is in the low $30's, that we almost reached last Friday. We've been bouncing around inside this declining wedge for two years now, and the two lines eventually converge in the low $20's in October, when presumably something significant will happen one way or the other - maybe we will all disappear into a black hole at the singularity!

So, wait and see if we get an upside breakout from this short term downtrend, and if not, sell all and buy back twice as much in October in the low $20's when we hit the end of the wedge? Or say the heck with this, sell all now, and then get left behind when the darned thing makes fools of us and breaks out anyway? Guess I'll personally wait and see what happens as we approach the 20 DMA at around $43 early next week. If we do, short term traders may give us a bit more of a leg up.

Longer term, the driver will be the increasing revenues/earnings from 1x, China, India WLL, the beginnings of UMTS roll outs, etc. It could well take until the Q4 earnings at the end of October for this trend to become evident, and anything could happen in between.

JMO.

David T.



To: Caxton Rhodes who wrote (113217)2/14/2002 4:04:35 AM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
Gee Caxton, you're making me want to start with the predictions again after a long break.

<Tomorrow should be interesting, a close above 42 is a breakout. Longer term (within three months), we should see a breakout of the BIG downtrend line which currently resides around the low fifties. If qcom can break that, then things might start channeling up for the first time in 2 years.
The technicals match up with the fundamentals too. The summer nationwide launches of 1X in the U.S. by Sprint and VZ will show the world just how much superior CDMA2000 is to GSM, both in data speeds and capacity
>

Hmmm, $200 by Feb 2000 was good. My broker [after QCOM dropped to $120] asked if I'd like to buy more. I declined, saying I wouldn't be surprised to see $50 at which time I'd be a buyer [turned out I was a seller thanks to damn stupid Globalstar marketing and price to zero].

Things are looking good now, Japan and a few other glitches notwithstanding [Enron, Global Crossing, Argentina, debt levels, fear].

$40 is a supersonic bargain. I feel sorry for the 56 million nervous Nellies who sold at $35 due to the CFRA drivel and mention of Enron.

Mqurice