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


To: ZOOB who wrote (58516)12/31/1999 10:45:00 AM
From: Cooters  Respond to of 152472
 
<<similar to Q's 72 price point>>

ZOOB,

I'm going to do this from memory, but the general idea will be accurate.

Q hit a high of 72 somewhere in the 95/96 timeframe. I think it was on the announcement the US had approved CDMA as an air interface. Anyway, it bumped up against that price again in 1998, only to fall back to the high 30's during the October 98 NASDAQ decline. When it finally popped through earlier this year, well you know the rest.

GSTRF had a similar multi-year high in the mid-30's.

This is the short version, but I hope it helps.

Cooters