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: Joe NYC who wrote (9705)	4/6/1998 4:29:00 PM
From: qdog	Read Replies (1) \| Respond to of 152472

Hard to say. I'm in the correction mode right now. Bot LU put's this morning and took some of that profit this afternoon. Still think they are head down to 60-65. As to QCOM, they originally went down on the news of lower expectation to around 46. That warning was on expectation of $.24 I believe. They since have said that it won't be that bad. Just what does that mean?????? So I think you are in a trading range for now of say 50 lowside and 58 high side going into earnings, which is after Apirl's expiration. If the stock revisits 52 or lower, depending on the general market, I'll buy those May 55's again. Stay away from Aprils unless you are very short term and not greedy. Just my opinion. Still loving ALA on this pull back. Expect them to move to 33-35 before the next leg up.