Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.67

+1.6%

Nov 12 3:59 PM EST

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To: MileHigh who wrote (58326)	12/30/1999 6:03:00 PM
From: jmanvegas	Read Replies (1) of 152472

MH: The short-term top for Q was probably put in today. There is a gap between 532 and 560 that may need to be filled. Who knows? When Voltaire called for 400 post-split or 1600 pre-split price on Q in the next 6 weeks this morning, I call that total froth. A market cap of Q in the $300B range in 6 weeks is total froth and bubble mania IMO. If that happens, I'm outta here - that would put me into multi, multi quillionaire status and I ain't going to wait around to see if Q becomes bigger than MSFT or CSCO. I wouldn't care at that point. Today was healthy. Can't keep gapping up to the stratosphere. If Q trades between 200-250 post-split in year 2000, I'll be quite happy. Rather see a steady rise than a blow-off which leads to very nasty and unforgiving corrections. jmanvegas

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