Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 152.21

-0.3%

3:59 PM EST

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To: qdog who wrote (8037)	2/6/1998 11:56:00 AM
From: limtex	Read Replies (1) of 152472

qdog - You've got a realitic view of things - what do you think. The problem aas I see it with the market is that the analysts/fund-managers/market has got today to actually see results with its own eyes before you get an upward movement. A good recent example is PTEK where the threads on Motley Fool showed that executives had been buying and the signs were very good. Stock went from $22 to $31 in only a few days with the major move only after the anouncement. Seems to me same with the Q. Good results announced only 17 days ago and then the stock made its major move from the late $40s. Only yesterday there was a very bullish article about the Q and in the afternoon we get the announcement. This is a great company and Korea is recovering better than anyone else in SEA but local spending wil take a long time to recover. In the meantime they have many other countries to go for not the least of which is China. What prospects can we see for the stock over the next 6 months?

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