SI
SI
discoversearch

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: jon wilson who wrote (12780)7/22/1998 4:20:00 PM
From: straight life  Read Replies (2) | Respond to of 152472
 
Anybody gonna be sober enough to trade tomorrow?



To: jon wilson who wrote (12780)7/22/1998 4:52:00 PM
From: Bux  Read Replies (2) | Respond to of 152472
 

Any thoughts on tomorrows trading?

I was impressed with the strong last hour of trading... leaves me feeling there are some shorts who haven't fully covered yet. Any weakness on opening will be taken advantage of by the remaining shorts. This could cause QCOM to close even higher tomorrow. I think the ratio of long-term shareholders/in-outs is rapidly improving and this stock is leaving its previous "bad habits" behind. It is typical for fast growing companies to be highly volatile and there will be volatility in the future but I think the periods of wild price swings (percentage wise) are over. The tone of statements from management has relaxed lately, and to me this is an indication that things are are the right track. Considering the growth potential, QCOM has been undervalued for the last couple of years and I think it is undervalued now at $69 by $10-$20. If all stays on track, I think it will be worth over $100 by this time next year and if the "Yahoo effect" happens, could be much higher as the implications slowly dawn on millions who have not yet even heard of QCOM or who have only heard them mentioned in a negative context.

I spent the last 30 minutes trying to find the post with the link to short interest that was posted here a couple of days ago to no avail. Does that site have short interest updated daily? Anyone?