Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 3:59 PM EST

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To: Jon Koplik who wrote (13344)	8/5/1998 3:35:00 AM
From: waverider	Read Replies (1) of 152472

An alternative technical view would be: QCOM tested the $57 mark in May, June, and July (earnings jumped from there) so it appears as if this is a good support level. The gap you mentioned was filled today, but appeared to test $57 again, only to pop back up. So unless the market melts down again (futures currently coming back up) this morning, we should rally a bit short term here and provide a trading opportunity. I sure as hell hope so anyway since I bought some 2001 leaps at the close today. Check out the chart: 207.95.154.130 <H>

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