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


To: MileHigh who wrote (41701)9/17/1999 4:15:00 PM
From: Jim Willie CB  Respond to of 152472
 
MHigh, agreed closing on high is bullish
volume not huge today, but above 30day average, decent sign

should continue Monday morning on whatever prompted the mad rush at end of day... maybe some minor resistance at 193 where we reversed just 12 trading days ago

but 200 is likely to resist more than once before the inevitable: QCOM over 200 again
technical target from momentum reversal swing: 225 minimum

I believe we will see >200% eps gains each quarter until July2k
the share dilution might be more serious than first glance
I maintain QCOM trading at 50% discount vs y2k eps within telecom sector

what do you think, Molly?
these basic fundamental terms arent too complicated

hey, zippo news on stock split???
/ jim