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 (113217)	2/14/2002 4:04:35 AM
From: Maurice Winn	Read Replies (1) of 152472

Gee Caxton, you're making me want to start with the predictions again after a long break. <Tomorrow should be interesting, a close above 42 is a breakout. Longer term (within three months), we should see a breakout of the BIG downtrend line which currently resides around the low fifties. If qcom can break that, then things might start channeling up for the first time in 2 years. The technicals match up with the fundamentals too. The summer nationwide launches of 1X in the U.S. by Sprint and VZ will show the world just how much superior CDMA2000 is to GSM, both in data speeds and capacity> Hmmm, $200 by Feb 2000 was good. My broker [after QCOM dropped to $120] asked if I'd like to buy more. I declined, saying I wouldn't be surprised to see $50 at which time I'd be a buyer [turned out I was a seller thanks to damn stupid Globalstar marketing and price to zero]. Things are looking good now, Japan and a few other glitches notwithstanding [Enron, Global Crossing, Argentina, debt levels, fear]. $40 is a supersonic bargain. I feel sorry for the 56 million nervous Nellies who sold at $35 due to the CFRA drivel and mention of Enron. Mqurice

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