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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.08+1.8%12:59 PM EST

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To: Jim Willie CB who wrote (44401)10/12/1999 8:19:00 PM
From: t2  Read Replies (1) of 152472
 
Uniphase in fiberoptic
... they dominate now with all manner of components, owning the key piece of EDFA (erbium doped fiber amplifier)


JDS Uniphase has been on a roll recently. I had dumped my Q shares in exchange for JSDU. Both had similiar gains over that period of time but i felt the risk in QCOM was more due to that analyst that met with management a while ago and put this stock in a downward spiral.
However, good news recently has turned things around.

To me it appears these are the types of companies that should continue on a roll----the high fliers.

I am still amazed that Q was able to do so well recently. I only made money on it by daytrading (buying as soon as it crossed 200). Intel's earnings disappointment may pump more money into these types of stocks. Not too much cash coming out of Intel is needed to push Uniphase or QCOM to much higher levels.

Good Luck.
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