Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.08

+1.8%

Nov 28 12:59 PM EST

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To: Ramsey Su who wrote (30799)	5/25/1999 12:43:00 AM
From: waverider	Read Replies (1) of 152472

Ramsey dude! Let's look at the chart: bigcharts.com Around April 13 we hit around the $90 level (post split) and fell back quite a bit. Then earnings came out around the 21st. The stock blasted off on huge volume. It tried to fall back and tested the 91-93 level for quite some time. Now we find ourselves at this level today...exactly where a chart guru would have predicted with or without crayons! Now then, I suspect that we hold here, or thereabouts, because of the fact that this level has all the signs of support. Therefore, I shall risk my entire life savings and buy all I can tomorrow because charts ALWAYS can predict the future and are a sure way to time the market perfectly. IN ADDITION, with the additional parameters of crayon points as contributed by my two kids, this chart has definitely a bullish buy signal now. On the other hand, one could start to accumulate the stock here and be happy with the knowledge that regardless of what happens tomorrow or next month, the Q will remain a premier company for the long haul. So as you can see, my kids contribute a lot and are therefore appealing your decision to prevent their appearance at the next Q meeting to the entire thread. Rick <H> P.S. I'm telling Irwin you don't like golf, baseball and kids.

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