Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: kech who wrote (9357)	3/23/1998 8:58:00 PM
From: kech	Read Replies (2) \| Respond to of 152472

qdog - Just saw the chart on Alcatel - I guess it hasn't exactly been sitting still lately.

To: kech who wrote (9357)	3/24/1998 7:29:00 AM
From: qdog	Respond to of 152472

Other reason, although it doesn't hurt that ALA is QCOM's choice for switches. My reasoning parallels with my investment into NT and LU a couple of years back, namely the US dereg Telecom. Europe has done the samething starting this year. ALA has a fairly robust line of wireline equipment, which plenty of it is the old Rockwell equipment line. There is plenty of it in use in the US presently. They are also one of the few that are still in M/W equipment which has to be replaced even in Europe for PCS freq. allocation. I feel that they will do very well in the next few years. Frnkly I like Phillips, Siemens and ALA, over Nokia/Ericsson at this stage. So much so I sold my Nokia recently and roll it over into ALA. Combine that with ALA re-inventing itself. Selling off or spining off it's other businesses, it's was a fairly cheap stock (PE basis) when I started buying it. Dollar is stronger so that some help ALA. They are also making big moves into data networking and xDSL. Now I would have preferred you had interest when this stock was at 25-28, but I saw NatWest raise the price target yesterday 40%, which makes it a $47 dollar stock. My long term target for now is $60 and my short term target is about $38. You also can write option on it. To trade the stock, you have to watch the CAC-40. If it's up this stock is up, it's down the stock probably is too. It is a bluechipper on the CAC-40. Buyer beware and invest on your homework, not my enthusiam or DD.