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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.80+0.3%Dec 5 9:30 AM EST

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To: Jim Willie CB who wrote (37511)8/3/1999 10:38:00 AM
From: Jim Willie CB   of 152472
 
I hate it when I am right and QCOM falls

should be a brief cup of coffee down in the 140's
maybe a few hours, maybe a few days
maybe it will return for another cup of coffee in next couple weeks

expecting a bounce off 146 level (like two weeks ago)
if 146 fails later, expecting bounce off 140 or so

the key: 30yr TBond yield.. at precipice now at 6.13%
I anticipate rates will ease off this peak, since third visit

/ jim willie
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