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


To: GO*QCOM who wrote (21697)1/20/1999 3:31:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
I take it to mean that these crazed "daytraders" are in control "at the margin."

I personally would not sell my shares below $150; and would not "entertain" buying more above $51 (where QCOM was a few weeks ago), so "they" can do whatever they want in here, and I (for one) will not "dampen" their actions.

Jon.



To: GO*QCOM who wrote (21697)1/20/1999 11:08:00 PM
From: waverider  Read Replies (2) | Respond to of 152472
 
I wouldn't get too excited about the $67 price today. Look back at the stock's history. We went several points above that in Nov. 97. This stock will remain in a trading range that traders have taken advantage of for 5 years...as long as there is uncertainty about CDMA acceptance.

Overall, the stock has gone nowhere. Meanwhile its competitors have gone into orbit with stock splits for added insult. I too love the company, but it has been a very poor long term investment.

Traders will rule this stock until there is a definite breakout on the upside that lasts more than 2 days.

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