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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.060.0%Dec 1 3:59 PM EST

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To: Jim Willie CB who wrote (41463)9/16/1999 3:17:00 PM
From: 16yearcycle  Read Replies (1) of 152472
 
I don't really do ANY ta on up moves although I've found the 50 day and 200 day ema's to be very useful on the way down.

Like Lindy, I think we are looking at 350+ in a year and 700 in two years, using a 55 multiple off of 1.75 quarter and 3.25 quarter 1 and 2 years out. If they establish a big market for laptop chips navigating the net, it will become one of the 5 most valuable tech companies in the world. If was Andy Grove, I'd buy the company now, and we all better pray that never happens.
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