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


To: Ramsey Su who wrote (30799)5/24/1999 9:09:00 PM
From: marginmike  Read Replies (2) | Respond to of 152472
 
I see support at 93-94 and gulp! 84. I hope we hold or we will be back in the 80's



To: Ramsey Su who wrote (30799)5/24/1999 10:58:00 PM
From: Harvey Rosenkrantz  Respond to of 152472
 
Ramsey--

Easy on the no golf thing or we will have to request Surfer Mike to call for the penalty box for you.



To: Ramsey Su who wrote (30799)5/24/1999 11:38:00 PM
From: JMD  Read Replies (1) | Respond to of 152472
 
Ramsey--you really do have to put a lid on your emotions. I think it's great when a warm hearted guy like yourself just gets overcome and starts slobbering all over humanity, but that last one was just a beauty: 'no golf, no baseball, and definitely NO KIDS' [caps yours]. It is possible, I suppose, to alienate a larger percentage of the earth's population with fewer words, but just now I'm hard pressed to figure out how. Of course your previous observation about dancing being unnecessary once procreation had accomplished its Darwinian imperative of furthering minimum required population levels doubtless endeared you to those of the feminine gender, not to mention all the Arthur Murray fans on this great green globe. That said, I must admit my son tried the "I love you Dad" this weekend ON THE GOLF COURSE [NOTE THIS LAST] when he knew I was down to my last Partigas. Happy to report that it didn't work, except that I did give him a few precious puffs, but only after I knocked a 4-iron stiff picking up two skins and beating him on his back nine press. Ah, age and guile . . .
Okay, hate to return to Qualcomm, but check out the Gilder-man once again coming to the fore:
Message 9427301

Ramsey, if you need my address for Christmas or other spirtual holiday purposes, don't hesitate to ask. :-) SM



To: Ramsey Su who wrote (30799)5/25/1999 12:43:00 AM
From: waverider  Read Replies (1) | Respond to of 152472
 
Ramsey dude! Let's look at the chart:

bigcharts.com

Around April 13 we hit around the $90 level (post split) and fell back quite a bit. Then earnings came out around the 21st. The stock blasted off on huge volume. It tried to fall back and tested the 91-93 level for quite some time. Now we find ourselves at this level today...exactly where a chart guru would have predicted with or without crayons!

Now then, I suspect that we hold here, or thereabouts, because of the fact that this level has all the signs of support. Therefore, I shall risk my entire life savings and buy all I can tomorrow because charts ALWAYS can predict the future and are a sure way to time the market perfectly. IN ADDITION, with the additional parameters of crayon points as contributed by my two kids, this chart has definitely a bullish buy signal now.

On the other hand, one could start to accumulate the stock here and be happy with the knowledge that regardless of what happens tomorrow or next month, the Q will remain a premier company for the long haul.

So as you can see, my kids contribute a lot and are therefore appealing your decision to prevent their appearance at the next Q meeting to the entire thread.

Rick
<H>
P.S. I'm telling Irwin you don't like golf, baseball and kids.



To: Ramsey Su who wrote (30799)5/25/1999 2:07:00 AM
From: lkj  Respond to of 152472
 
Don't know where the support is. But as soon as Q drops below $90, I am adding more. Assuming Q makes at least 60 cents per share in the next 4 quarters. We are seeing at least $2.40 per share of earning. A 36 PE is not too much to ask for a earning rate that's growing probably twice as fast.