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Technology Stocks : Wolf speed
WOLF 18.56-6.5%Dec 12 9:30 AM EST

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To: KY who wrote (2200)2/19/2000 5:57:00 PM
From: jmanvegas  Read Replies (2) of 10714
 
KY: I still believe QCOM is in a trading range from the 105-160 range for the next several months - a trader's paradise I called it. But I'm a strong LTB&H investor in QCOM and believe it will double in 12 months, therefore, on any pullbacks or general market weakness, it is a time to accumulate QCOM. The story of QCOM's explosive growth and next upward sustained move in its stock price begins in earnest in the 3rd quarter of this year and extends all the way to 2002. The glory years of QCOM will be 2001-2004 IMO. As far as CREE goes, I see support in the low 140's and would look to scale in there if CREE ever sees that price again. Could happen - all depends on the general market conditions. It has nothing to do with the LT story of CREE as well. If you ever see CREE in the low 100's, back up the truck, hock your house, and buy all you can. This is JMHO on both stocks. Good luck to you.

jmanvegas
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