QUALCOMM-The Wireless Wonder in 1999 Message Board

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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

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To: GO*QCOM who wrote (177)	4/4/2000 8:13:00 AM
From: GO*QCOM	Read Replies (1) of 343

Merrill Lynch TA on QCOM dated 4/3/00> Technician?s Corner Don Kapetenakis, Vice President, Market Analysis QCOM Qualcomm; C319; $148 11/16 Qualcomm recently established a bottoming process with a break through key resistance around 146-148. That previous resistance area at 146-148 is now expected to provide support during short-term pullbacks. Intermediate-term support is indicated around 128. As an initial target, the stock is expected to retest its highs around 200. A breakout to new highs would set up a subsequent target around 236.

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