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


To: marginmike who wrote (116891)4/19/2002 11:25:35 AM
From: chojiro  Read Replies (1) | Respond to of 152472
 
Thanks for your advice and keen insight, Mike.
I referenced you over here #reply-17354791



To: marginmike who wrote (116891)4/19/2002 5:33:10 PM
From: jjstingray  Read Replies (2) | Respond to of 152472
 
Unless there is a clear technical reason. For example, Q is starting to look like it is developing a head and shoulders pattern. In that instance, shorting the stock would make a lot of sense.



To: marginmike who wrote (116891)4/30/2002 6:14:57 AM
From: chojiro  Read Replies (1) | Respond to of 152472
 
<<By the way only 2-3 other Tech companies have the earnings clout as Qcom.>>

Earnings power???? I might buy revenues, but earnings power? Gimme a break. Revenues are continuing to fall. The longer it takes(if ever) for CDMA to gain the economics of scale the further the stock price will continue in its down trend.



To: marginmike who wrote (116891)4/30/2002 6:22:50 AM
From: chojiro  Respond to of 152472
 
Mike, I recall your post but can't locate it. The one where you suggest buying in the low 30s would be a wise move. Do you still stand by that statement?

What would it take for you to lower your projected entry point?

P.S. I understand it you maintain a relatively bearish stance from the rest of the markets. Why then do you wear your rose colored classes when looking to QCOM's future Do you think they are some how amune to the economic woes that are hitting most of the comp and getting primed to migrate to the Dow components?

TIA and Good luck!