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


To: Sawtooth who wrote (19226)12/7/1998 1:43:00 PM
From: DaveMG  Respond to of 152472
 
ARGHHHHHHHHH!!!!!!!!!Just got back from lunch, a BIT disappointed, but hey, that's what we're here for isn't it? Dave



To: Sawtooth who wrote (19226)12/7/1998 4:55:00 PM
From: limtex  Read Replies (2) | Respond to of 152472
 
TA -

Its very simple the Q is very uncomfortable away from its natural home in the $40's. Whenever it moves out it shows distinct sings of nervousness and stress but sooner or later it heads home again and once there it vegatates nicely and is quite comfortable.

A bit sarchastic of course however it is quite clear that there is a huge amount of mney to be made in this stock provided you don't treat it as a normal investment. If you want an investment in this industry then sadly one has to accept that Tero and his Scandavian stuff have won hands down. I think I posted earlier this year that have some Q becuase we love the technology and the company but have NOK.A for a very good investment. Sadly I didn't follow my own advice.

Still it will soon be over and the Q will be back home and then you can buy it. Sooner or later it will have another little excursion to the upper $50's and probably even the $60's but as per usual it won't last more that a couple of days and then it will start missing it's home...."Q .....go hooooome" a bit like the Speilberg movie. After a couple of days it will as sure as anything sdart its relentless treck back to the $40's.

Amazingly enough it even sinks when the NAZ goes to all time highs. And of course should the NAZ have a serious drop then watch out below. The Q is the Titanic when it comes to market drops but it is not a rocket when the Naz takes off. Sadly for some unknow reason it has become a pariah stock.

But you can still make a lot of money on the stock if you recognize that pattern and don't treat it as a normal investment.

Still love the Q and the tech and the management.

Regards,

L