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

To: Wyätt Gwyön who wrote (115100)3/5/2002 11:53:13 AM
From: Caxton Rhodes  Read Replies (3) | Respond to of 152472
 
FWIW - This is what i think will happen to qcom TA wise. Of course this could change depending on what the tape does.

Q will trend up, squiggling its way to the mid 40s through march. In April we hit the big downtrend line and the moment of truth will be here for qcom.

If qcom can break 46 during April, it becomes an uptrending stock for the first time since the bubble days. It will have the US launch of 1X and improving China news behind it. We shall see what happens...................

Caxton



To: Wyätt Gwyön who wrote (115100)3/5/2002 12:45:56 PM
From: Uncle Frank  Read Replies (1) | Respond to of 152472
 
>> sounds nice, but unfortunately totally untrue.

That was a little tricky. Notice I said,

Value is a function of the fundamentals, not valuation.

Valuation is a function of many things, current value being one of them but certainly not the most significant.

That's as hard as I want to think today.

uf


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