Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 171.02

-1.5%

Dec 31 3:59 PM EST

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To: dave katragadda who wrote (56273)	12/23/1999 10:04:00 AM
From: Boplicity	Read Replies (2) of 152472

Thread, We had a climatic SHORT TERM TOP yesterday, with less then favorable news, so the Mo Mo and traders and balling. Anything below 455 I would have to say would take longer then a few months to repair. Like I said yesterday, we have seen the high for the year. That said, I bought more just a few moments ago. I see the deal we just got from QCOM as a book end to go with the selling of the infra div. and the split as the closing of the book on the old QCOM. What have now is the new QCOM with the distractions and overhead removed. It will take time to repair this damage to the momentum of the stock. We now have to live on earnings. As you can see the announcement of the 3G chips was a waste, too bad, might of been better to announced that after the fall out a few weeks from now. The biggest problem I see is that we will have to wait till some time during the summer for any real news on HDR. The promise seems to be priced in here. I don't feel the split will be much of a draw. Greg

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