Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.09

+1.8%

Nov 28 9:30 AM EST

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To: KaiserSosze who wrote (46907)	11/1/1999 7:41:00 PM
From: Voltaire	Read Replies (3) of 152472

Hi Kaiser, I am already on record saying that the Q should be around 225 at earnings. I see no reason to change that. I sold 50 contracts today, the Nov. 220's. I see us probably finishing tomorrow slightly down to maybe 223 judging by todays action. 1. I think they will surprise slightly on the upside with earnings 2. Do not think they will announce sell of Handset Division 3. Think they will mention something non concrete about a potential split. If the above takes place in that fashion, I see the stock pulling back to about the 210 range until about the first of Thanksgiving week and then begin moving steadily upward to about 300 by April and because of the rise in the markets we will see the correction a lot of people had expected in Oct. take place around late April to mid May. What we do not need to hear tomorrow is any kind of slow down etc. etc. The Houses would jump all over that. That is really the reason I insure my accounts, you never know what they will try to manipulate on a stock they desire. take care, V.

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