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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 172.98+1.1%Jan 2 9:30 AM EST

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To: Maurice Winn who wrote (89)5/3/1996 10:39:00 AM
From: bill small   of 1819
 
Maurice, yes I did buy but way way way above my $26 target. Oh well
you are right on support levels about this stock as well as
fundamentals.

I truly don't undersatnd the psychology of QCOM stock as you do yet.
With the last few days of good news, the stock should be doing better.
Bad press never ceases. Only earnings I guess will convince the
street.

The company never did send the tape promised. Phone calls unanswered.
Not a good impression. Maybe their IR types are out tweaking the
phones/software?

What are you looking forward to next quarter? From recent conference
call I wouldn't be optmistic about earnings upturn by then. Maybe as
turn ons occur, the book to bill numbers will be published and then
weaker earnings will not harm share price so much. Do I sound too
impatient?

best..........Bill
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