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

To: marginmike who wrote (36563)	7/21/1999 9:04:00 PM
From: Maurice Winn	Respond to of 152472

If you really think Q! stock will decline to $150 or maybe even $130 then Q! has done exactly the right thing to sell another 6m shares now at the higher price. If people think the stock has been unfairly battered in the past day or two [which completely puzzles me since the past 5 days graphs don't show that at all] then they can take the opportunity which they think has foolishly been handed to them and buy a heap at the silly low price of $156 at the open tomorrow. I don't fancy their chances of getting it though. This tree is growing to the sky [actually, right through it with another Globalstar launch due in the next day or two depending on launch conditions]. Mqurice

To: marginmike who wrote (36563)	7/22/1999 10:54:00 AM
From: limtex	Read Replies (1) \| Respond to of 152472

mm - In the long term it will most likly go up. If the Q doesn't "go up in the long term" wjhat on earth will. mm what has happened to you. Yuo are our support in times of discomfort and need. You are our optimist. The fundamentals for the Q are IMHO unequalled anyhwere in the market. This isn't guess its a fact after the settlement and the sales engine that is just beginning to rev up. All I think is that the market in general will tank for no good reason other than its the summer and earnings season is over. There is no Russia or world currency crisis this summer/autumn nor is there a Long Term credit madness or whatever it was called. there is no sign of inflation, housing starts are down and slowing, Y2k is the biggest non-event in the history of mankind, even the oil price has come back this week despite the worst that the bloodsucking OPEC gangsters could do. So a price drop due to general lack of buying interest because everyone is at the Hamptons no wanting to do anything during the summer that will send the market down almost daily by 1% or so interspaced with little breaks of relief which some will use as buying opps. BUt all the while the Q will be getting stronger and stronger and good news announcements such as G* starting and China and Japan CDMA sales and cinema and who know s what else Dr Jacobs has in store. The Q will survive and don't forget that it hasn't been very long since the Q settled with ERICY and therefore one can't say that the Q always corrects between earnings. mm we all need you back in your old form. Go get some sushi and sake have a great weekend. Play some golf or tennis and get in a pool or the sea and relax and come back to us. Best regards, L ( Chairman, the mm supporters club {self appointed})