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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.21-1.2%Jan 7 3:59 PM EST

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To: Stephen M. DeMoss who wrote (113756)2/20/2002 12:30:25 PM
From: alburk  Read Replies (1) of 152472
 
So the charts direction is more pertinent than the fundamentals<

All the news has been what we expected.

The problem is the fundamentals. The SP's are in trouble. With SP growth constricting and their financial models under attack,how can QCOM prosper (stock price-wise). Not to say that QCOM is not taking care of business.

It seems that QCOM is in the same boat as say CSCO, maintaining and expanding gorillalike control over its market while the enduser market is in a funk, the consequences of which will require time to assess.

Andy
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