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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (8138)2/4/2020 6:45:17 PM
From: Clam digger  Respond to of 27241
 
Oh yeah those were the days! Reminds me of another “top indicator”. When they started talking about price per set of eyeballs on search engines, online companies, etc...



To: John Koligman who wrote (8138)2/4/2020 7:10:15 PM
From: Kirk ©  Respond to of 27241
 
That's right! I never owned it and recall the valuation assumed every poor Chinese peasant at the time would buy a phone with Qualcom chips or patented tech... they didn't figure on the Chinese ignoring patents!

Also, remember Joe Kernan making fun of it with is "Q-U-A-L-C-O-MMMMMM" deep chant on TV every time it was upgraded?

With any luck, Tesla survives like QCOM did.... but even if it does, I expect similar charts to these.

and the dividend trajectory will probably follow AMDs.... given the debt and competition from China, Ford, GM, Germany, Toyota, Korea.....



To: John Koligman who wrote (8138)2/4/2020 7:23:56 PM
From: Kirk ©  Respond to of 27241
 
Here is one I was really trying to remember. Micron

I had to go back and look at my stockcharts lists...

MU had several big runs much like we are seeing in TSLA now and it took several years for the ultimate top to come in 2000 and they still haven't come back to it after 2 decades!

I have friends who lost a LOT of money thinking they were too smart and shorted some of these way too early... Me, why risk shorting? Plenty of money for me to make being long quality stocks and trading the volatility of the more volatile in the group.




To: John Koligman who wrote (8138)2/4/2020 8:04:34 PM
From: Sweet Ol  Respond to of 27241
 
Boy, I remember those days. I made so much money on QCOM and friends that I thought I was a great stock picker!

Blessings,

SOJ