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: MileHigh who wrote (39754)	9/4/1999 5:01:00 PM
From: Jim Willie CB	Read Replies (2) of 152472

on retest of 160.. already in progress but on low volume Friday preholiday trading.. so far it holds on Oct bump in road.. vulnerability in price is in direct relationship to speed of price runup.. we saw it in June at 115, July at 165, August at 195.. amazing how partial truths and emphatic nonsense can rattle Q price.. but technicals warn of it each time.. lets watch the US$, 30yr TB yield in conjunction with QCOM run so as to judge steering around Oct bumps on PC upgrades and y2k.. you may be right, but you speak with fundamentalist tongue.. I warn with technical and historical perspective.. there was nothing fundamentally wrong to justify the drop from 168 to 138.. lots of buying product.. but not lots of buying stocks.. every August 1st we see the disconnect and it whacks fundies.. now I point to late Sept which historically whacks fundies who get carried away with the postLabor buying spree I eagerly await the Sprint PCS rollout.. my goal in life is to see ATT crawl and grovel after raping and pillaging 100 million customers for three decades on Microsoft.. they have made the shittiest and most popular software since the PC revolution began.. just yesterday I saw three Excel fatal "appl default errors" for no reason whatsoever.. QCOM execs have hedged their MS bet nicely with other vendors.. if you want to gauge the progress and expectations of Revolv coming out of MS coop venture, take a look at WinNT.. it is late late late and buggy buggy buggy, horribly overambiticous.. Microsoft sucks.. dont confuse their success as company and stock with their quality of software product we need US$ to strengthen, and TB yield to get under and stay under 6.0%.... then and only then will the Qexpress steam out of station #160 / sharecropper

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