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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: hueyone who wrote (46055)	9/1/2001 6:02:38 PM
From: substancep	Read Replies (1) of 54805

hueyone, My best guess is that QCOM fell (prior to the tech wreck) because the momentum players left and went elsewhere. I think this is accurate. As I recall, QCOM was suffering from a massive WCDMA/China FUD attack through this chunk of time. Also, I think the stock price settled in and found its "base" around 50 bucks. This was well ahead of the rest of the market and its interesting to note that QCOM's "base" has not gone lower with the pack. In fact, having weathered the FUD etc., we have a stronger QCOM trading in a range approximately 20% higher. :-) I'm pulling all this from memory so take it with a grain of salt. But, it sure is beginning to feel like this has been/is a good chunk of time to be accumulating QCOM shares. Particularly so when I see thinking like this: Bear Market May Be Investor Opportunity siliconinvestor.com P

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