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


To: Wyätt Gwyön who wrote (46644)10/30/1999 7:49:00 PM
From: Jim Willie CB  Respond to of 152472
 
on May pullback we are mostly in agreement

usually manipulative or negative stories reach the air or print in a most timely fashion, like after a huge run

everything got cut down after longbond yield approached 6%

but also, Q had made a stage#2 run from presplit 125 to 225 without any real pullback... it ran like a wild horse right thru earnings, didnt stop with split announcemt, and kept going with uncertain lunges into the 200's

do you think the Korean story would have any impact at all AFTER a pullback when we began to bounce and recover?

this is the fundy vs TA argument again
you know my answer
TA rules in overbought/oversold situations
Q price in extreme situations predisposes perceptions

enough, Jim



To: Wyätt Gwyön who wrote (46644)10/30/1999 9:02:00 PM
From: Ruffian  Respond to of 152472
 
Bell-South excerpt from Barrons>

Still, Wall Street wants a deal. But a BellSouth spokesman says, "The secret
of BellSouth's success is being fiscally conservative and not jumping at every
deal. People have brought their dog-and-pony shows to us, but if we didn't
see value for our shareholders, we didn't do the deal."

The spokesman has little trouble articulating the reason for BellSouth's bid for
Sprint, even though shareholders pushed the stock down from about $45 a
share to around $42 on the news. The attraction, he says, was Sprint's
Internet backbone and wireless networks. "They were a good extension of
our businesses and one that we thought would provide value for
shareholders."

Asked if that means BellSouth is now looking for another deal that provides
Internet backbone and wireless, he squirms and won't be pinned down.