Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.05

+0.6%

3:59 PM EST

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To: marginmike who wrote (36779)	7/22/1999 12:08:00 PM
From: Jim Willie CB	Read Replies (1) of 152472

next stop 148?, then 143?... support at 153 broken? agree with you MMike, correction coming to market, techs, computers, and even telecom and QCOM... expect hit to telecom might not be severe October calls in midAugust might look yummy all the cash the gorilla stole from the prepared banquet for S&P funds will ensure huge profits way beyond the $4/sh mark for fy2k set by analysts... would prefer that Q mgmt sell 2 million shares every 4-5 months on short notice, BUT BE HONEST AND ABOVE BOARD ABOUT IT!!!... no problem with securing fresh capital... that is what we are here for... they will turn that $1b into stronger profits got out of my August calls with less than recently showed on screen... but have done well riding this alpha gorilla since April expect little recoveries after three downlegs... magic number is three and 3/8-ths retracements / jim

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