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: 2sigma who wrote (50388)	11/16/1999 12:56:00 PM
From: Uncle Frank	Read Replies (3) of 152472

Happy, Q has dipped below the 365 support level, which is critical since it corresponds to the number of days in the year, but the 360 level held firmly. If it weakens, expect to see us drop to 355 or 350 (or 345). If not, expect overhead resistance at 365 and 370 (or 375). All of this means very little, of course, if your investment window is longer than your nose. Personally, I think you will be very pleased by your recent purchases by 12/30/99, which is the date of the 4:1 split and my birthday. note: for the year 2000, the 365 support level will be replaced by 366. Just funning, Unq

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