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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 179.91-0.8%12:05 PM EST
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To: jmanvegas who wrote (53415)12/10/1999 10:46:00 AM
From: 16yearcycle  Read Replies (1) of 152472
 
I think we are clustered on the edge, after a triple test of 400. Next week could be tough also, due to expiry, but the news may well cause a break out to 450. Beyond that certainly stretches the valuation to extremes. I still think we are 6 months ahead of ourselves, but I have been adding under 390 anyway, with expectations of 500 to 600 in 2000, and 800-1000 in 2001.
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