Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.94

+1.1%

3:59 PM EST

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To: Ibexx who wrote (66655)	2/13/2000 10:54:00 PM
From: Dwight E. Karlsen	Read Replies (1) of 152472

So that is something good about the chart, agreed. I still believe that the upside is firmly limited by the overhead supply, at least for the next couple of months. Qcom management have mentioned that normal seasonal factors will have somewhat of a dampening effect on sales. So that, coupled with the overhead supply, is the reason qcom hasn't shot right back up, and IMO is the reason it will not do so in the next couple of months. However, there is nothing wrong with hanging long the stock, until the chart mess can be repaired. And if one wants to believe that Qcom is going to surge right back to $200, then that is ok with me. smile

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