Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 137.34

+0.8%

Feb 6 9:30 AM EST

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To: Uncle Frank who wrote (75312)	7/3/2000 12:38:32 AM
From: Return to Sender	Read Replies (3) of 152472

QCOM has been in the grips of a definite and undeniable downtrend. I would not be a buyer unless the lower bollinger band is violated. Fundamentally I love what QCOM does but many people and institutions do as well or so they say. QCOM is a broken stock... I would like to see it break just a little more before I would enter. If this were to happen tomorrow... that would mean a sell off down to 55 or so and then we should see a bounce higher. Will we see 55 tomorrow? I doubt it... but it sure could happen before too long... Just my opinion. RTS

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