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

To: marginmike who wrote (36684)	7/21/1999 11:59:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

<TA> a quick observation and hypothesis last week when dilution was the theme, Q shares went from 149 to 139 to 159... the little swings do not escape me... I dont have a chart here, so forgive my approx... the rookie numbnuts sold at 139 and just above, all agree (except some who think 110-120 is around corner) brokerage houses were tripping over themselves yday in raising fy2k estimates by 50%, and next qtr also... this stock is underpriced I suspect that we are in for a swing again... we saw 167 and now 156, maybe lower tomorrow during our midmorn cup of coffee while (de)reclining... but I suspect we will swing from 156 to 176... if we go lower Thurs/Fri, then I suspect we will swing harder if Nasdaq retests highs even weakly today I am certain some people sold Q with 2ndary in mind, and bought some depressed stocks from Tues selloff time for Jacobs to speak / jim