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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 179.26+0.5%3:59 PM EST

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To: Qualopec who wrote (7440)1/22/1998 6:53:00 PM
From: J. Kerner   of 152472
 
Justin,

The stock is a bargain right now so why wait? One of these days (hopefully soon) the stock is going to shoot up and never look back. Who knows - you might have a shot a picking up more shares at these prices or lower next quarter, but the overall trend in Qualcomm's business is way up and the stock price will eventually reflect that.

btw, the Nasdaq is showing surprising resilience right now. I think the Asian crisis is factored in to current prices. If the Nasdaq has a nice rally here, QCOM will be back at its all-time highs very quickly after their blowout earnings.
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