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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 169.42-2.2%2:15 PM EST

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To: Maurice Winn who wrote (32)4/18/1996 12:22:00 PM
From: bill small   of 1819
 
Maurice, I have a very conservative approach on this one.
I haven't bought; I see support at $25 level not $30 so am waiting
to see next few days/weeks. Maybe I'm too picky on price but usually
when sharp drop like this is accomapanied by some adverse fundamental
news, stock needs time to settle down; so no rush. Of course this
could change quickly if AirTouch were to suddenly turn on I think.
Another trigger is Nextwave winning block 3; wonder when?

For my sake, I'm looking for lower price. For yours, I hope it zooms.

best.............Bill
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