Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.17

-0.4%

10:40 AM EST

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To: Dexter Lives On who wrote (120334)	6/14/2002 1:48:58 PM
From: waverider	Read Replies (3) of 152472

Yes. Despite the rough edge you have from time to time (and understandable around here), your words have been very wise. As I mentioned on the 7th, QCOM made a very negative move below support and filled the gap. It needed to recover quickly to surive. As with so many of these tech issues, the mania returned and the dippers elevated the thing for a few more days...until reality slapped them in the face again. So here we sit...a price predicted by the formations I detailed over the past month and with nothing below it but air. I doubt the previous low of 24.63 will hold now. Time to test those previous supports...with that $11 gap yawning like a bored cell phone customer. Mike, hope you have those stops set. Caxton, time to re-evaluate. Limtex, you can forget the Japan numbers. PCS should be enough for you now. wr

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