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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%3:59 PM EST

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To: Jim Willie CB who wrote (50310)11/16/1999 10:07:00 AM
From: Uncle Frank  Read Replies (3) of 152472
 
It's a classic science fiction theme: advanced technology viewed as magic or witchcraft by primitives. When shown a bic lighter, a caveman will will either fall to his knees in adoration or swing a stone axe. Stories by Heinlein, Clarke, Pohl, and many other greats employ this story line.

I sense support levels for Q at 365, 360, 355, 350, 345, 340, 335, 330, 325, 320, 315, 310, 305, 300, 295, 290, 285, 280, 275, 270, 265, 260, 255, 250, 245, 240, 235, 230, 225, 220, 205, 200, 195, 190, 185, 180, 175, 170, 165, 160, 155, 150, 145, 140, 135, 130, 125, 120, 115, 110, 105, 100, 95, 90, 85, 80, 75, 70, 65, 60, 55, 50, 45, 40, 35, 30, 25, 20, 15, 10, 5, 0, and -5. If one of these doesn't hold, use the one immediately below it.

Continue to use your tools, JW. You are kind to take the time to explain your methodology, but it might be better to keep your prognostications cloaked in mystery.

I'm going to take a break to eat some raw meat.

Unc
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