SI
SI
discoversearch

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


To: Elroy who wrote (143329)7/5/2006 11:24:38 AM
From: 100cfm  Read Replies (2) | Respond to of 152472
 
So when does this stock start moving up again...?

Well you have CPI & PPI #s coming out which might be a drag on the mkt and therefore Q. You have earnings on the 19th which may or maynot be a boost since within 30 days after that you will get the ITC remedy ruling which I fully expect to be a negative for Q. Then ther e is the EU verdict still hanging out there and even though everyone expects the Eu to announce an investigation the stock will still get sold off.

I'm thinking anywhere between 32 and 34 is bottom.



To: Elroy who wrote (143329)7/5/2006 11:52:56 AM
From: manalagi  Read Replies (3) | Respond to of 152472
 
If a person own QCOM on margin, better get out asap. Nobody knows where the bottom is. The new NOK CEO wants to show the world that there is a new sheriff in town, and his approach to destroy QCOM is taken from Sun Tzu's "The Art of War", i.e. cripple the economy of the enemy. He is issuing false statements about CDMA and QCOM (dominant force in 1992? -hah!) so that QCOM keeps going down. The strategy started with the POS complained in Europe. QCOM is down the ski slope ever since. Unless QCOM management reacts vigorously, we might see the 20's again.