Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: The Verve who wrote (99589)	5/21/2001 7:38:02 AM
From: marginmike	Read Replies (2) of 152472

I see Q in a holding pattern like it was in 97-98 between maybee 50-80, albeit this will have alot to do with the overall market. If we go into full bull mode Q will do much better, but with yields backing up, oil at 30 and gold knocking on 300 on oz I dont see any bull reignition here. I may well be wrong. However Qcom needs to catch up to its valuation, which isnt ridiculous but isnt cheap either. Technology is ciclical and Cell phone sales will take a breather in the Short term IMHO.

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