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


To: Rick who wrote (31769)6/4/1999 9:44:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
TARGET: 142-145
recent high was 117 on the close
recent low was 91 on the close (26 pt swing)
target on upswing is 117+26 = 143
possible overshoot from momentum to 145-148
isn't it that simple?
date of hitting target will be late July

will someone kick my butt when we hit the top and stall there... would hate to ride next downdraft in dog days of August when annual flight out of techstocks happens... I get blind when my pockets weigh down... margin does that

GREGG MEANT "EXPONENTIAL"

asymptotic is neither good nor bad necessarily
your stock can asymptotically approach a line losing $5/sh per quarter... is that good?

it could asymptotically approach 130 and never get there... is that good?

it could asymptotically approach a line losing $5/sh per month... is that good?

WE LIKE EXPONENTIAL GROWTH !!!
SHORTERMERS LIKE PARABOLIC GROWTH (BLOWOFF TOPS)

silly people
/ jim willie



To: Rick who wrote (31769)6/5/1999 5:08:00 AM
From: limtex  Respond to of 152472
 
Fred -

Asymptotic = a curved line that always gets closer to a straight line but never actually gets there (they don't cross).

Wow..Gregg really knows a turn of phrase. He's kind of like a market Churchill. Well he had that effect on me over the last couple of years! Now he's just excelling himself. Straight lines eh ...wow...its difficult to imagine what could be in two/three years time. In fact its almost scarry. Its got to the point that yoo just don't know what to do. I mean theoretically the Q could be all you need as an investment. Why even bother with anythying else? Dr Jacobs and his team are on a roll fo heaven knows how long. Mobile phones are going to be normal for just about everyone on the planet sooner or later.

Gregg what next?

Best regards,

L