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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Mike Learner who wrote (37233)6/20/2002 11:23:50 PM
From: StockOperator  Read Replies (2) of 52237
 
Mike, there's a gap on QCOM's chart from 3/99 at roughly 11. Wow, just think about that for a second, the stock went from $11 (3/99) to over 200 by 1/2000. You sometimes forget just how crazy things were. Anyway, I do believe that gap will be filled THIS YEAR. With a possible bottom at roughly $7.5. I think it pays to remember that prior to the blastoff in prices QCOM really never traded in double digits. It had a long history of trading in the $3-8 dollar range. Once again time will tell.
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