Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: Caxton Rhodes who wrote (113227)	2/13/2002 8:56:42 PM
From: David E. Taylor	Read Replies (3) of 152472

Caxton: I would call it a giant falling wedge.... The very words are enough to strike fear into an army of LTB&H's!! But....I'm really glad that it's "bullish"! If the usual "rule of thumb" that the market anticipates 6 months forward holds true, we could certainly break out before October. But I've reluctantly come to the conclusion that QCOM's well positioned future is not that obvious to that nebulous entity known as "the market", so chart patterns/technicals may well prevail until the revenues/earnings begin to "speak for themselves". David T.

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