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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.44-1.6%3:34 PM EST
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To: Teresa Lo who wrote (82696)10/8/2000 6:53:49 PM
From: Jill  Read Replies (1) of 152472
 
Teresa, most investors probably don't know "why" they invested in QCOM, except that it was going up! :-)

Those who know why, probably regard the CDMA chip as a discontinuous innovation with potential gorilla status in an expanding wireless market. Even so if you look at its amazing run, then precipitous fall from 200 to about 60 and now back up to around 80...mostly it was based on psychology. And still is again I think. It's kind of fascinating, nothing has really changed, but people are starting to get back into it.

Unlike Dell, forever punished, it seems.
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