Qualcomm Incorporated (QCOM) Message Board

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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: kech who wrote (9959)	4/19/1998 3:15:00 PM
From: dougjn	of 152472

Qcom has a good looking 90 day chart (recovery started, as Ibexx said, re: 50, 200day moving averages), a good looking five year chart, and a lousy looking two year chart. It got way ahead of itself in 96 and has been oscillating ever since. Perhaps valuation does matter. Not all by itself, but when it gets extended, the fall from grace when stuff gets delayed, hit by Asian flue, etc., can be pretty severe. Doug

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