Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.13

+1.1%

3:59 PM EST

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To: Barbara Bullard who wrote (23353)	2/24/1999 3:58:00 PM
From: John Stichnoth	Read Replies (1) of 152472

Since none of the TA specialists are responding, let me take a stab: The pending ERICY deal may swamp technical factors. The recent strength is in response to this, at least partially, in anticipation of a favorable deal. The price may move sharply when the deal is announced. If no deal is announced, the stock may stall. As I understand it in TA terms, therefore, the news may set off a large technical signal. Or, lack of news will eventually lead to other technical signals. Hmm--all of which sounds suspiciously like, "It may go up, and it may go down." Best, JS

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