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


To: Wyätt Gwyön who wrote (123652)8/30/2002 10:26:47 AM
From: limtex  Respond to of 152472
 
MM - Q has becoem one of the markets favorite shorts. There have been massive short selling programs aiomed at it and that is why it dropedd from the Mid $60s after the Radio Shack announcment on Dec 6th last year.

The fundamentals haven't gotten any worse in fact they have gotten better. All the major manufacturuers have now signed liecnses and 1 X is up and running and doing very well.

We can look forward to DO next year and a whole slew of new handsets by Christmas and heaven knows what Christams 03.

The old system of telephony is changing to video and after 100 years since AG Ball invented it that has been uiqte a run. Now QCOM allows video conferencing in tiny handsets life is certainly gonig to be more fun.

As for kids they will have MTV in their hands and it isn't vaporware its real.

This is not olnly good fun and beneficial it is also good news for QCOM as it gradually permeates our daily lives.

Best,

L



To: Wyätt Gwyön who wrote (123652)8/30/2002 11:32:59 AM
From: HairBall  Read Replies (2) | Respond to of 152472
 
Mucho Maas: doesn't everybody remember LG coming on this thread and saying what a great buy QCOM was in the 40s--right before it plunged to $24

I was made aware of your post, so I thought before I head off for the long weekend, I would set the record straight. Calling for a significant low is not the same as calling for "the" low.

10/5/01 Looking for a significant low...
investorshub.com

Looking for a nice rally...
investorshub.com

10/11/01
investorshub.com

A run from around 38 to around 62 is more than a 60% bull run in a down market. So, the call was not really so bad, heh?

11/21/01 Looking for a possible shorting opportunity...
investorshub.com

11/30/01 If support line does not hold...
investorshub.com

I think I may have made a similar call near the April 01 low, but I can't remember. I know I caught that low for the overall market.



To: Wyätt Gwyön who wrote (123652)8/30/2002 12:21:13 PM
From: marginmike  Read Replies (2) | Respond to of 152472
 
with all due respect LG came here when Qcom was at 189 and said it would fall dramaticly. His call at 34 was wrong.



To: Wyätt Gwyön who wrote (123652)8/30/2002 12:41:04 PM
From: qveauriche  Respond to of 152472
 
Those are her words not mine. i understood her to mean that the buyers had been the ones predominately crossing the distance between buyers and sellers, and not vice versa. The sort of "money flow" thing they talk about on Bloomberg. FWIW it is also true that institutional buying has outweighed institutional selling over the past few weeks. I don't attribute any significance to it other than that it may afford some short term downside protection.



To: Wyätt Gwyön who wrote (123652)8/30/2002 1:01:18 PM
From: habitrail  Respond to of 152472
 
<<and if you've got it figured out, then everybody's got it figured out. which means it has no edge and is not "smart". "the spoken DOW is not the true DOW" kind of thing.>>

That sounds sort of like a retelling of the efficient market theory myth.

I don't think that anything based in large part on mass psychology can truly be called efficient.

Maybe the market is semi-efficient and has a Ms->Md propagation delay of a month or two. Who knows?

I think your angle of Smart money being unmeasurable is better. Anyone talking about smart money is probably talking about some part of the money "esablishment". Since we know that those guys are stupid, then we know that the smart money may either be in or out of QCOM, but that they are not telling.

In the end we are left with two facts:
1)QCOM ownz CDMA.
B)Japanese are leading us through a huge recession and they continue to buy phones at a crazy rate, proving that whatever happens to our economy, celphones will be bought.
III) Euro denizens only have GSM and will eventually capitulate to some form of CDMA.

Therefore, anyone smart enough to know these things would be in QCOM, no I mean _in_ QCOM. They are still hiring I think.