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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: jmanvegas who wrote (33983)	7/3/1999 12:08:00 PM
From: waverider	Respond to of 152472

>>In your opinion, what are the implications of GTE's lawsuit on Q's stock price. Thanks.<< Qualcomm will drop into the low 80's (probably next week), then base for a period of 5 days. At that point consolidation will prove a new base is forming. We will remain around this point with fluctuations between 80 to 90 until earnings are released around July 20th. At that juncture, the stock will climb 65 points and make a new high. Once that happens, Nokia will probably file suit that the proximity of their new building on that obscene Poway mesa location to the Sorrento Valley Q building is having stability problems due to the growing gravitational attraction of the Q's growing mass. Suddenly the entire planet will be sucked into a black hole and no one will need a wireless device since we will all be so close together. I hope that clears things up. Rick <H>