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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.060.0%Dec 1 3:59 PM EST

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To: JMD who wrote (34307)7/8/1999 6:01:00 PM
From: RoseCampion  Read Replies (3) of 152472
 
Near-term:
-Big gain tomorrow, fueled in part by short covering.
-Even greater interest by more investors/funds in the Q3 earnings announcement, likely leading to an even larger bump if we really do blow the numbers out.
-Some buying by index funds (although I'm told some of them had picked it up already in anticipation).

Mid-term:
-Steadily higher through the summer
-Even more attention paid to the stock by analysts
-More institutional ownership == lower float == more demand for our shares (?)

Long-term:
-Does it really matter? :-)

Honestly, sinking large amounts of available capital into all those July, August, and October calls in the last two days (and that last batch of Q shares @ 141 1/4 this afternoon) was probably the greatest leap of faith in my investing career. Thanks to all of you who made me believe that it was a worthwhile risk.

Essandpeely yours,
-Rose-
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