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To: Jim Willie CB who wrote (13457)	4/14/2000 5:19:00 PM
From: J.B.C.	Read Replies (3) of 35685

Point & Figure update on QCOM: for those thinking that this is a good place to reenter QCOM if you're currently out, I strongly recommend against that. Using P&F a major support line at 120 was broken today and a minor support line @ 104. there's not much support technically until the bottom of the trading range @ 85. The bullish support line which will offer the last line of bullish support is at $70. I personally don't believe that we'll hit 70, but I do believe the 80's will be upon us in the next several weeks. There's plenty of time to get back in the market if QCOM surprises us w/ a nokia deal or something, but preservation of capital should be priority # 1. Don't shoot me, I'm just telling you what the chart is telling me. Jim

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