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Technology Stocks : The New QUALCOMM - Coming Into Buy Range -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (951)	8/16/2007 6:54:58 PM
From: TCGNJ	Respond to of 9129

This is precisely why I too bailed out after many years of holding the stock. TCGNJ

To: im a survivor who wrote (951)	8/16/2007 7:00:42 PM
From: kyungha	Respond to of 9129

Kramer's web site made note that Q's buyout of IDCI make sense. RMBS may be taken over by a like of Q. So, if one of above happens, will be it DOA for sure?

To: im a survivor who wrote (951)	8/16/2007 7:30:47 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 9129

That's a reasonable idea: <1) Never buy/own a lawsuit > If others follow the same philosophy, then there aren't any buyers. Before the lawsuits, QCOM was at $53 a share. Now, it's many $billions below that, at $36 a share, $61bn market capitalisation, despite rapidly increasing profits, revenues, cash on hand, and growing markets. So the lawsuits are heavily built into the share price. $30 bn of downside so far from the May 2006 level. That's a LOT of lawsuit. The likely damage so far seems to be around $3bn. But we don't have Nokia sorted out yet, or the Eurocrats. $30bn is a lot of fear built into the price for those contingencies. Mqurice