To: Walter Liu who wrote (7199 ) 1/17/1998 11:05:00 AM From: brian h Read Replies (1) | Respond to of 152472
Walter, Well. There is no market opening on Monday. It is the first time the market closed for Dr. King day. We will shoot directly to Tuesday for 8 hours trading time and boom. QCOM's earning release. Do or die? No worry. Either way I am in again if it falls, or we will see QCOM split within two months (my quess only. For those who speculated a while ago about the timing for QCOM to split, it is for real this time as it stated in the shareholders meeting proposals from QCOM's 10 K report (it proposed to increase the outstanding shares from 150 MM to 300 MM, when the share price was at $69 in November 1997)). Hence, if QCOM shows a good report, those analysts will have to revise their estimates right away to reflect QCOM's future market value and squeeze those who shorts on QCOM. We will see a surge in stock price for QCOM. Then, Super Bowl, Feb's shows, new phone releases, Nextwave's revive. Wow! What a carnival events to come! Or, a so so report with a dim future, we shall duck for cover (hold my shares really tight (or locked them in the safe as Jim L. mentioned)) and wait for re-entry point (my view only). May be then AT&T decide to buy out QCOM at 24 billion as QCOM really worths a lot more than Craig McCaw's dumb Celluar One network before I was born to invest <ggg>. Anyway, exciting time is coming to town. China dollar and HK dollar are there to hold according to the news I read (guaranteed by China's future prime minister, Mr. Chu). Let John smack those South Koreans to provide him some meaningful information (I want to know too!) to decide if he should buy QCOM instead of asking us "Quasi Wall Street analysts" to provide him any information. Well. I really confuse about who to trust these days. I know my daughter always tell me the truth except seeing her favorite cookies. Good luck to all Brian H.