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Strategies & Market Trends : John Pitera's Market Laboratory
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To: wlheatmoon who wrote (2838)9/18/2000 4:33:04 PM
From: bill meehan  Read Replies (1) of 33421
 
If you mean from Friday night, it was basically that the reason for owning QCOM had little to do with Korea or near-term prospects of business in China, but rather the company's technology and patents. Of course, it was outrageously overvalued during the height of the mania, although still not "cheap". It also looks good technically in the near-term for traders.
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