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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 167.13+1.2%11:20 AM EST

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To: Nancy Haft who wrote (18598)11/19/1998 8:31:00 PM
From: SKIP PAUL  Read Replies (3) of 152472
 
What is happening to QCOM today is reminiscent of what was happening to ERICY in 1993. Almost all the analysts had a negative rating on the stock. ERICY was working on GSM and TDMA and was selling at $5/ share. The stock rose 7 fold over the next 3 to 4 years. I dont believe the analysts are that stupid. Most public pronouncements of analyst opinions are meant to be manipulative. Why else would they be giving up their analysis for free?
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