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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Len who wrote (5802)	9/1/1999 7:37:00 PM
From: Uncle Frank	Read Replies (2) of 54805

>> Nobody seems concerned. What is going on with Qualcom? I think the Reuter's article published at noon outlines the situation pretty objectively: biz.yahoo.com I won't deny that a 23 1/2 point drop is discouraging, but it's hardly a disaster. Just nine trading days ago Q was at 164 3/4, and on the first trading day of August, it was at 152 1/2. If someone came up with news that led be to believe Q's fundamentals were changing for the worse, I'd be plenty worried, but I'm not intimidated by the "parts shortage" story, which was recycled from Q's very own July quarterly report. Besides, Gorilla Hunters are a hardy folk <g>. Franq

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