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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 686.19-0.5%Feb 4 4:00 PM EST

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To: Clint E. who wrote (22486)8/3/1999 11:39:00 PM
From: Clint E.  Read Replies (1) of 70491
 
Looks like the drop in QCOM was not market-related. That explains the volume and why it didn't bounce strongly from 139 with the rest of the NAZ leaders.

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Qualcomm Inc. (QCOM) fell 12 1/2, or 8.2 percent, to 140.
The developer of the world's second-most popular wireless phone
technology will see increased competition next year. Motorola
Inc. (MOT) said today it will make semiconductors for phones to
compete with Qualcomm. .
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MOT is a very worthy competitor, when it comes to designing RF modems. They just need to dedicate more manpower, as QCOM does.
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