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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: marginmike who wrote (65321)1/30/2000 10:35:00 PM
From: JohnG  Read Replies (1) of 152472
 
Mike Margin. Glad to here you made so much on QCOM. I have felt that the pressure was getting tough on you. Hope you stick around the thread though, because you have much to contribute. I didn't sell a thing myself, but couldn't buy either.
I have a strong belief that the company will be back over 200 by the fall. I fear that cutting a Snap Track deal, a China deal, a NOK deal, an ERICY deal, a VOD/BAM/GTE & Sprint rapid deployment of HDR, a MOT deal and Nextwave getting their frequencies could send the stock back to $200 in a hurry.

All that volatility can be upsetting to me and I can see why you might need emotional relief.

I guess the brokers are collecting these shares now to sell later. I thought it was a $155 stock when It sprinted to ~$179 in 1/3. If several of these events hit it will be Katy Bar the Door.

The pressure points are NTT Do Co Mo and China. If one or both of these goes w/ Q's CDMA or China just goes CDMA period, then there is no stopping this juggernaut. AT&T may even fall. A few myoptic analysts may still squint at the 3/31 results, but the brokerage houses that employ them will be making millions of the shares they scoffed up my declariing a phony slump and giving their beloved customers margin calls.
JohnG
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