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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.39-1.0%10:22 AM EST

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To: Ramsey Su who wrote (1540)4/13/1997 7:43:00 PM
From: kvogel   of 152472
 
QCOM is a crap-shoot at these prices. Nobody knows whether they'll meet their earnings and they might get cut even if they do. The stock is in a very vulnerable area tehnically as many have said on this thread. Upside is probably 65-70 with good news. Bad news puts it at 40 in 1 day. I would buy stocks that have announced or preannounced like TLAB.
I want to buy QCOM longer term because I believe in CDMA but I can't be sure about management at this time. Great engineers don't always make great managers, especially when they are so close to their products (it's their babies). After their earnings announcement I'll have a better handle on things.
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