Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 164.53

-0.4%

Jan 14 3:59 PM EST

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To: waverider who wrote (113370)	2/15/2002 12:09:00 PM
From: golfinvestor	Read Replies (1) of 152472

11:51 ET QCOM QUALCOMM (37.43 -2.62) -- Technical -- Rather significant collateral damage being experienced by suppliers of equipment/services to debt-strapped wireless services providers. QCOM is the most visible of these names and it has suffered accordingly. Spiked below its Sep low last Friday (hit 34.59) and has done so once again today. Is attempting to bounce but need a sustained recovery through intraday resistance at 38/38.20 to improve the very short term bias. Failure leaves the door open to a run back to last week's low with a breakout initially pointing to a weekly low at 33.96. Briefing.com

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