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Technology Stocks : The New QUALCOMM - Coming Into Buy Range
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: limtex who wrote (1032)8/21/2007 10:34:11 AM
From: seti  Read Replies (2) of 9129
 

carra - The ITC ban affectively had little effect on Qs number and even then only in the US so the drop from $43 to $36 and change must have been the effect of Rudis judgement and of course the legal team.


The market looks primarily forward.
People do not like to hear future products may be threatened. A tech company is nothing if they do not have wide leeway in introducing new (higher revenue) product. Another factor is a company's perceived (in)ability to collect on royalties. Also outsiders know on a small fraction of the workings in progress. So much depends on management credibility and confidence.

If discussing "the drop" due to legal problems/uncertainty, dropping from 50+ may be a more accurate description.
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