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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.77-0.8%1:10 PM EST

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To: Ruffian who wrote (22595)2/7/1999 9:27:00 AM
From: limtex  Read Replies (2) of 152472
 
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As Winter takes its last grip of the year the Q having put on some considerable weight sniffs the air to sense the first signs of the annual Q eaters waking up and coming to get him.

It might be hungry Koreans, Brazilians or Russians or the continuing market drought in Japan. This year we are seeing the beginnings of a new menace in the form of fat Japanese customers making their own chips. Even here in the warmth and peaceful weekend far away from CNBC one can already feel the icy blast of people selling Q stock as dawn breaks over lower Manhattan on Monday morning.

The Q knows that soon he must return to his nearly eleven month annual hibernation where he loses nealry all the value he put on in the few short weeks of his glorious run in the fresh air.

There he returns to his natural home in the $40's to wait out the annual drop in the NAZDAQ and the loss of many of the great hopes that all Q watchers have had for him and to await another brief run in the freedom of the fresh air in eleven months time.

Regards,

L
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