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Re.QCOM-It appears it may still make the monthly flare out group along with
BVSN and HLIT.The drop out may be SDLI.This technique as of today grew
around 1000% this year monitored monthly at the site.Its developer states it
was an aberration and expects returns of 100% per year to be more likely in
the future.
QCOM has about 55% of shares held by institutons and more insider selling
than buying.The est. for earnings for 2001 is around $5.00 in line with its
50% annual growth rate.
At the same site is Gitanshu's HIMARQ which looks very interesting as a
sector and seaonal following technique.All 10 stocks for January are listed
at the MSN site he previously referenced.Definitely worth a look for
insight.
Sincerely,
John
>From: "swp" <swp@xxxxxxxxxx>
>Reply-To: "swp" <swp@xxxxxxxxxx>
>To: <realtraders@xxxxxxxxxxxxxxx><realtraders@xxxxxxxxxxxxxxx>
>Subject: [RT] Re: QCOM
>Date: Thu, 30 Dec 1999 22:20:06 -0500
>
>The guy who wrote the report is 28-years old (irrelevant) and it is the
>first report he EVER wrote. And the market took the darned thing up
>1/3rd on a nobody. One thing though going in its favor, its P/E is no
>where near as high as Cisco's. Also, they will no longer be making their
>phones. They sold that to Kyocera so their margins should improve. Just
>selling the chips and collecting royalties (and all this from a
>technical analyst).
>
>---
>Steven W. Poser, President
>Poser Global Market Strategies Inc.
>
>url: http://www.poserglobal.com
>email: swp@xxxxxxxxxxxxxxx
>
>Tel: 201-995-0845
>Fax: 201-995-0846
>----- Original Message -----
>From: wong <whs@xxxxxxxxxxxx>
>To: <realtraders@xxxxxxxxxxxxxxx>
>Sent: Thursday, December 30, 1999 9:05 PM
>Subject: [RT] Re: QCOM
>
>
> > Dear Ira and John:
> >
> > Some analyst set the price target of Qcom to be $1,000 within a year.
> > Maybe it's too early to short the stock?
> >
> > A broker friend of mine once told me (20 years ago) that trading is
>like a
> > bull stampede. You don't want to stand in front of the bulls when
>they're
> > charging towards you (that is, fighting against the current trend).
>Best
> > thing is to step aside, wait for some technical indicators to validate
>what
> > you're going to do (but also notice that in a very bullish
>environment, the
> > indicators can be extremely overbought and still remain that way for
>months
> > to come..).
> >
> > To minimize the loss, perhaps one should also look at some puts?
> >
> >
> > Regards,
> >
> > Wong
> > =================================================================
> > At 06:50 PM 12/30/1999 EST, Dr. John Cappello wrote:
> > >Dear Ira,
> > >
> > >You are absolutely right.After your post I decided to check into a
>Vertical
> > >Call Spread and I will see what the numbers look like tomorrow.
> >
> >
> >
> >
>
>
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