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

To: JohnG who wrote (39019)	8/30/1999 3:09:00 PM
From: Ruffian	Respond to of 152472

Another Bull On Qualcomm> August 30, 1999 Dow Jones Newswires Tanaka Cap Mgmt: Internet Correction Possible By Yr End NEW YORK -- Technology is driving the stock market, but the Internet could give it a jolt this year, said Graham Tanaka, president of Tanaka Capital Management. "The Internet is a baby and it's totally revolutionizing retail," he said during a CNBC interview Monday. However, citing price-to-earnings multiples of 150, he added, "I can't tell you with great confidence that we don't have another correction coming before the end of this year." He is more positive about the semiconductor sector, particularly Intel Corp. (INTC), which has been his company's strongest investment. He also cited Novellus Systems Inc. (NVLS) as a leader in chemical vapor deposition, and ASM Lithography Holding N.V. (ASML) as a leader in photo lithography for imprinting semiconductor chips. He predicted "three strong years in both companies." In the telecommunications industry, his largest holding is Qualcomm Inc. (QCOM). With 800 or 900 patents, Qualcomm is the "intellectual property leader in the wireless space," Tanaka said. He also recommended ADC Telecommunications Inc. (ADCT) and Nextel Communications Inc. (NXTL).

To: JohnG who wrote (39019)	8/30/1999 8:56:00 PM
From: MileHigh	Respond to of 152472

Is it fair to say that many might not have thought Q would have touched 137 a few weeks ago? The 50 day MA is rising and several weeks from now when we get the SEPT/OCT blues, don't be surprised if we hit. JMTC's. I bought more today, almost in the club! <gg> MileHigh