Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: gc who wrote (36907)	7/22/1999 10:18:00 PM
From: Jim Willie CB	Read Replies (2) of 152472

GC, just making a point about 139 market and QCOM could not sustain this run, esp after the "fast one" by mgmt... only S&P entry in long memory to fail to see a lift... our solid trend since June has been broken... we needed a climax to 87 to snap out of that selloff... why is now any different? I see 140 sometime in next few weeks, with an overshoot intraday with some pulling back, profitaking, a breather at the beach, some new owners, consolidation, and no horrifying declines below a couple of previous support lines... THE ALPHA GORILLA WILL RETURN WITH A VENGEANCE we need to set up shop, offer the hope and expectation of future safety in gradual appreciation... this can only happen with some sideways action... prepare for fits and starts maintain: bump off 145, and surprise grind to 140 (maybe 135-138 intraday) before we start the next good set of legs / jim

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