Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.33

-1.0%

3:59 PM EST

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To: Jenne who wrote (52719)	12/6/1999 2:32:00 PM
From: Jim Willie CB	Read Replies (1) of 152472

we just did a classic "poke out and pull back" maneuver we got above the 390 zone up to 401+... then we saw some naive selling... pulled back to 394 and are now moving back up... next move over 400 will have more gusto, more professional backing, and less naive resistance... this is what I call a "technical springboard" JohnG, was it you who called it "a horse rearing its head before running" ??? on split and being under 100 a 4:1 split will not render share price under 100 I expect we will be somewhat above 400 by the Board vote, perhaps considerably above if their intention is to render QCOM share price to less than $100 per share, I dont believe 4:1 split will accomplish that but maybe I dont read their intentions correctly maybe they just want it in the low 100's (100 to 125) I would like to see a 5:1 split instead then again, a 4:1 split will lead us toward the inevitable next split silly me, Jim

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