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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.90+1.4%2:06 PM EST

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To: Yogizuna who wrote (81725)9/28/2000 10:42:42 AM
From: engineer  Read Replies (1) of 152472
 
What chart is that? My MONTHLY chart shows that Qualcomm is UP 16 points. Just where did you see a bottom? Perhaps like Sept 5th or 6th? Looks like you missed the bottom and are now chasing the pack. We do have a flat spot on top right now, but bottom for the month? No way.

Not sure the seasonal correction is done yet. Not yet Oct 31st and the fund managers and MM have not finished with their year end tax loss selling.

I would look for Nov 6th to hold some good info on Q. I expect that they will announce supply contracts with China on ASICS at some point. 1x chipsets have to be shipping now.

I agree that Q has not participated in the fiscal year end correction syndrome. Don't think it will.
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