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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: bill small who wrote (31)4/17/1996 4:56:00 PM
From: Maurice Winn   of 1819
 
Bill, did you buy in after your month's analysis. I got another bunch this morning after leaving an order in for a day at $32. I don't know about these support levels. I think they just make them up. When I look at a 5 year graph of the price, the present huge drop is nothing. It just happened in one day. The stock price is now where it was years ago. There has been massive increase in revenue, technology, Eudora, and everything else. Competitors haven't done anything great; mainly a bit more growth. Yes, some analysts have changed from buy to hold. This analyst [miw international capitalist] has changed it from hold to buy. I hope you rewarded your efforts by getting them at this low price. You were happy at $40, so it must be good at $32!
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