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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (61501)4/2/2005 7:56:23 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<you sense that QCOM will tank>

Jay, $44 to $35 during US$ stability is a bit of a tanking. 20% is a good portion of what I had thought likely and might be all, though I will not be at all surprised if $30 swings into view even without any great overall problems. Such swings are just the normal vicissitudes on an annual basis.

It will take your planet-wide repricing and intergalactic sale to drop to ugly levels, which is not at all a metaphysical certitude.

I am not offering my usual double your money back guarantee of any further falls. Below $35 is at your own risk.

Did you see the beautiful chart of CDMA sales since 1997, with a target of 1 billion subscribers [or 1.5 billion] by 2010? Scroll down to chart 2 and extrapolate to 2010, noting the exponential nature of the curve. cdg.org

I would not bet against that curve [though a moderate wager against The Fed would be reasonable at some stage - not yet].

Mqurice