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


To: jeremy eddy who wrote (25813)4/1/1999 4:15:00 PM
From: LindyBill  Read Replies (1) | Respond to of 152472
 
You people who have owned this stock for a year or more must feel like you are caught in a rocket to the moon right now!

I jumped back in this week after the trial settlement, knowing that QCOM will probably hit 250 by summer.

This is going to be the hottest stock in its sector this year. I warn you "plankowners", Don't sell!!!




To: jeremy eddy who wrote (25813)4/1/1999 4:44:00 PM
From: George Gotch  Read Replies (6) | Respond to of 152472
 
You obviously haven't been trading for a long time to think that way. I have been trading QCOM since 93. Also, you are missing the point. I don't dislike QCOM. I am saying it looks way overextended and getting manic to the upside and nobody is paying attention to the dangers of that. Basically, what the market is doing is building in all the gains and good news in a week. If you don't see that as dangerous then you are definitely a newbee. Also, I have no personal position in this as far a short or long. I was commenting on how analyst lately have not issued any holds on any of these runners like they normally do. It is like they are scared of losing their jobs. Which is probably it. Look at the Merrill analyst that said AMZN is a 50-dollar stock. They threw him out and put in a nice yes man. Make ya wonder. And by the way, I trade back and forth all day and do quite well thank you.