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

To: Jim Willie CB who wrote (48091)	11/5/1999 3:07:00 PM
From: Voltaire	Respond to of 152472

Great to have you confirm that. There is absolutely nothing in play here but the Psychology and greed of being in on something that just feels good, a euphoria that is seldom experienced in the investment world, and BTW should continue on up to at least $400. Houses are not in play! TA is not in play! when a TA man will tell me it is not in play, HE KNOWS HIS STUFF! I never doubted it, V

To: Jim Willie CB who wrote (48091)	11/5/1999 3:46:00 PM
From: Boplicity	Read Replies (1) \| Respond to of 152472

Qualcomm Rises to Record on Optimism for New Products San Diego, Nov. 5 (Bloomberg) -- Shares of Qualcomm Inc., leading the Standard & Poor's 500 Index this year, rose as much as 13 percent more on optimism that new products will boost revenue and earnings growth. The shares climbed 26 7/8 to 290 13/16 in midafternoon trading after touching 298 7/8, their third record in three days. The stock has surged more than 1,000 percent this year, gaining 34 percent this week alone. Qualcomm, which developed the world's second-most popular cell-phone technology, is set to introduce new products as shipments of its wireless phones and chips are forecast to reach records. The company Tuesday reported that its fiscal fourth- quarter profit quadrupled and it set a 4-for-1 stock split. ''The company's got other initiatives that we think are potentially very significant,'' said analyst Brian Modoff of Deutsche Banc Alex. Brown. Modoff reiterated his ''strong buy'' rating on Qualcomm. He expects the shares to rise to 320 within a year, up from a previous target of 250. New Qualcomm products for high-speed wireless data- transmission and digital motion pictures could boost revenue and earnings, Modoff said. The new wireless-data technology is much faster than previously expected, and could cost less than competing standards like cable modems and digital subscriber line. Mark Roberts, an analyst at First Union Securities, said most investors came away from a Motorola Inc. conference call today with the impression that Motorola's new cell-phone chips ''are not going to be seriously competitive'' with Qualcomm's. In addition, big institutional investors that have overlooked Qualcomm this year are finally snapping up shares, said Roberts, who rates Qualcomm ''strong buy.'' >> Greg

To: Jim Willie CB who wrote (48091)	11/5/1999 7:49:00 PM
From: uel_Dave	Respond to of 152472

<<for the next few weeks, Technical Analysis is irrelevant>> Jim, Q has taken on a different behavior completely since the earnings with higher volume with more institutional support, less volatility. thomsoninvest.net type in QCOM and it indicates strong buying to put it into another step at 11 a.m. with new support at 284 ( FWIW ). What a week, I thought that we would see $300 in Jan, however now it might be $450 in Jan and $550 in April. Thanks a lot Jim for all your help, still holding those Q shares very tight. David