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


To: limtex who wrote (6704)12/26/1997 5:27:00 PM
From: Bruce R. Schlake  Read Replies (1) | Respond to of 152472
 
Ian, interesting that you respond to my post. I was just reading the sndk thread and could not figure out why you blasted poor Jerome over there in your post 2196. It seemed like he brought up valid points and then boom. Anyway that is another discussion, but I just hate to see communication thwarted in that manner on any thread.

To answer your question about my buy targets, I originally bought qcom in the 30's and then again in the mid 40's. I have kept a core position but I have sold some in the 60's and bought again in the 40's. Sold a little again in the upper 50's, buying back in the mid 40's. Qcom has bounced back and forth for quite some time, but seems to have strong support in the mid 40's. This is where I have set my buy targets. I would be happy to buy even more at lower prices, but I believe this is a short term correction just like the others. With this said, like you, I am being more cautious in this market climate. Good luck,

Bruce