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


To: Wyätt Gwyön who wrote (117927)5/2/2002 12:15:49 PM
From: slacker711  Read Replies (2) | Respond to of 152472
 
added more QCOM at 29.02. this time unhedged. i am slowly becoming less bearish. by the time it hits the teens i will be the biggest cheerleader on the thread -g-.

Curious how you plan your exit strategy. If Qualcomm runs up to 40 by the end of the month, do you sell and wait for the 20's again?

Slacker



To: Wyätt Gwyön who wrote (117927)5/2/2002 12:16:52 PM
From: Kayaker  Read Replies (1) | Respond to of 152472
 
I dunno MM. You sounded a bit nervous this morning in your earlier post. It's already down under 29 again. You longs buying at overvalued prices should know better.



To: Wyätt Gwyön who wrote (117927)5/2/2002 12:20:00 PM
From: carranza2  Read Replies (1) | Respond to of 152472
 
My investment premise is that UMTS (oops, I mean WCDMA) will be succesful and that 3G royalties will be huge in a few years, plus Q will be an ASICs leader, so I'm bullish in the long term but utterly ignorant in the short term.

I hesitate to buy more, though I'm tempted, for fear of unbalancing the rest of the portfolio which is already Q-heavy and probably not properly diversified as it is.

Probably won't do anything unless it dips in the low 20s, which is unlikely.

No rush.