Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Bocor who wrote (76447)	5/24/2002 8:16:08 PM
From: Victoria Lee Chase	Respond to of 122087

How quickly we forget! wanna see who really hurt thousands of investors? Qualcomm at $1,000 and other sorry tales By Emily Church, CBS.MarketWatch.com Who can forget? The brazen prediction by a greenhorn PaineWebber analyst - made a year ago Friday -- hit the stock market like an early trigger on a pile of July 4th fireworks. Qualcomm shares rose 31 percent that day alone and capped a massive year-end rally in tech stocks that sent investors spinning into 2000 with record profits and even higher hopes. In retrospect, the speed of that rally was as dramatic as the tumble tech stocks took in 2000. Today, Qualcomm shares trade under $100, adjusted for a 4-for-1 split, a drop that closely mirrors the Nasdaq's 38 percent slide for the year. PaineWebber has been subsumed by UBS Warburg. Meanwhile, the analyst, the under-30-year-old Walter Piecyk is no longer covering the company. He left the brokerage firm in early November and UBS officials aren't discussing his whereabouts, as is traditional on Wall Street. Still, the Piecyk call lingers. It wasn't the only wildly bullish target of 2000, but it well represents how far ahead of the market the sell side had gone. Here are a dozen or so of the more memorable calls of the year 2000, played out as the Nasdaq soared, then tanked to its worst yearly loss ever. Walter Piecyk was not the only one pumping San Diego based Qualcomm to the moon with his call to $1000. Check out this post by A@P, who was pumping QCOM at $467 with a call to $1500 by the end of 2000. Oops! Perhaps he wasn't as talented as he was diabolical. Message 12371580 To:Anthony@Pacific who wrote (47958) From: Anthony@Pacific Thursday, Dec 23, 1999 12:11 PM View Replies (2) \| Respond to of 76527 QCOM<---Re-initiating Coverage Here.. With a STRONG BUY @ 467 ,, Compared to the other players QCOM is dirt Cheap..with 30 Bucks a share in sales ..trading at 15 times sales is nothing,, They just sold off most unprofitable division and are now foucusing On the CDMA chip Buz... Its a no Brainer ... Price target in 12 months is 1500.00 Per share. Post split 350/per share Many posts where Anthony hypes QCOM near its all time high. Here is another that gives clues to an underlying motive: Message 12371811 To:Anthony@Pacific who wrote (47959) From: Anthony@Pacific Thursday, Dec 23, 1999 12:25 PM View Replies (3) \| Respond to of 76527 QCOM<-------------An added Poiont that needs to be mentioned I live very close to CEO and Know some employees there, and cannot say much more, BUt It is a good Buy,, Everyone here and elsewher knows I would never mislead anyone, I am long and I have bought more today.. It is a BUY!!! Do not let it pass you By... No different than any other hypester in my opinion. Just a little different game plan. Nothing more. Face it. VLC