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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (14975)	9/14/1998 12:30:00 AM
From: DaveMG	Read Replies (1) \| Respond to of 152472

Chaz, Just to add a little to what Ramsey said, if you look at a chart of Q and see the way it oscillates up and down one could say that it's been a fairly safe bet to buy it every time it hits the 40's and sell it every time it hits 60's. Of course the exact moment to buy a sell is always difficult to choose and most can't do it perfectly, but nonetheless some sort of strategy which counts on Q behaving in the future the way it has in the past is not very hard to implement.In fact, I think it's so easy to do that Q has to a large extent become a traders stock, at least for the time being.Of course one of these days traders will dump the stock in the 60's and it'll just keep going straight up... dave