Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 167.03

-0.6%

10:15 AM EST

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To: MileHigh who wrote (38941)	8/29/1999 10:55:00 AM
From: Jim Willie CB	Read Replies (1) of 152472

Mile High, sorry to appear smug.. I sound smug and appear smug basically because at times I am smug.. but long in the tooth, so dont expect much change you may be right about touching 50day MA.. I disagree mainly because we are midstream into the quarter with four weeks to go.. it seems QCOM trades strong for the two months closing a quarter.. do you think it might be different this qtr since this ends the fiscal year? .. and then possibly so much time to wait for Nov 3rd earning report for full FY? .. maybe QCOM got ahead of itself on the qtrly pace since early August? I realize the 50MA has been touched a few times.. correct me if wrong, but arent these events immediately at or following earnings announcements? / jim

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