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


To: George Gotch who wrote (25659)3/31/1999 4:14:00 PM
From: straight life  Read Replies (1) | Respond to of 152472
 
"And I love qcom don't get me wrong just seems extended."
...and earlier you said they must be smoking crack.

Which is ridiculous. Can it be possible that the market is re-evaluating Q in light of new information? One day a gold mine is worth 5 a share; they next day they have a strike and the price goes to 50; it's not over-extended (although window dressing is probably playing a role): a former powerful enemy becomes a salesman for one's product; this is better than gold. The price will continue to change as more information comes to light and analysts make better projections.