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

To: marginmike who wrote (35897)	7/19/1999 7:30:00 PM
From: Labrador	Respond to of 152472

Mike -- Other than the component shortage, I heard no negatives. Growth stellar. P/E is very reasonable. It is a blow-out compared to prior quarter w/r/t the earnings per share. I feel that we'll continue to see substantial upside surprises, as mgmt sounds conservative. S&P 500 this week. And, as with the past quarter, they'll announce a split probably by end of month.

To: marginmike who wrote (35897)	7/19/1999 9:02:00 PM
From: limtex	Read Replies (4) \| Respond to of 152472

mm- My gut says down +5. My gut is large, but its usially right. I think we will test 139 support in the next 6 weeks. I also think upside suprise potential has been flattened by component shortages. Not with an earnings announcment like the Q has just issued. Add to that the S&P, a split and other goodies and that should be enough to keep theQ well above $150. MM I don'tknow when your options expire but you have always been one ofour major supports. We all respect your calm judgement. Go have some Sushi get a good nights sleep and can we then have our old mm back again tomorrow. THIS THREAD NEEDS YOU Best regards, L