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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.67+1.6%Nov 12 3:59 PM EST

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To: TARADO96 who wrote (35581)7/18/1999 6:10:00 PM
From: PAL  Read Replies (1) of 152472
 
Earnings report is just one variable in the equation for the rise in the stock price. Another factor is SP500 inclusion. I believe that index funds will buy around 9 million shares of QCOM. Since I do not have a crystal ball, I don't know where QCOM will be at the end of 1999. One thing I am betting with my money is that QCOM will be above 150 come August 20 when the Aug/150 put options expire worthless.

Best regards

Paul
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