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

To: 100cfm who wrote (45876)	10/23/1999 11:28:00 AM
From: jewishcarpenter	Respond to of 152472

you make valid point about FY2k QCOM eps if Goldman Sachs and a few other important Houses of Magdalene up their earnings estimates for next year, we might see another move up.. but any new high might not be more than a few points above 226 my guess is the move will take place after some digestion above 200 and consolidation I sincerely believe fear is soon to become a prominent emotion in the market again, maybe worse than these past two weeks.. fundamentals, technicals, and emotions must be observed and anticipated since September QCOM has risen from 160's to 210's after enjoying the good air of the 220's.. that comes to 30%.. the quarter to quarter peaks have been about 40% in consistent fashion the market is likely to save some power for the next run... I believe the contract for sale of the handset division is likely also to be far more complicated with its chip price and chip volume commitments than people expect we will see / Carpenter