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: John Hayman who wrote (24643)	3/22/1999 11:39:00 PM
From: Bux	Read Replies (1) \| Respond to of 152472

>OT question: ericy, (because of the alleged deal with the q) is it a >good buy for a bounce up? I'll take a stab at this one. Do you want to own a huge multi-national corporation that is expecting a loss this quarter? Personally, the quality of management plays big when I choose stocks. That's why I bought Q. Ericsson's recent blunders do not inspire confidence in this regard to say the least. Do you think one deal with the Q could fix Ericsson's problems? I don't. To put things into perspective; QCOM 71 million shares outstanding ERICY 1,949 million shares outstanding ERICY closed today at 22 5/16 ERICY 50 day moving average 25.65 ERICY 200 day moving average 25.01 My personal opinion is this puppy hasn't come down to earth yet. After all of Ericsson's public statements about CDMA IPR, I think there are still alot of ERICY shareholders that really believe ERICY invented CDMA. I think if and when a deal is announced, it might come as quite a shock to many ERICY shareholders just how negative the terms are. An announcement could be the start of another sell-off. I would exercise extreme caution in any case. That's my opinion.