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


To: jjkirk who wrote (52686)12/6/1999 12:49:00 PM
From: HECTOR RUBERT  Read Replies (1) | Respond to of 152472
 
There seems to be a huge resistance at 399.50 to 400..

I believe there are tons of shorts at those levels...

I do believe Greg is right about the deal announcement. If the deal is structured so that Nokia gets the division in exchange for full deployment of CDMA through their networks plus cash....QCOM will have a serious foothold over in EUROPE!

On those news, look for serious upgrades by the analysts.

Hector