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

To: Boplicity who wrote (61180)	1/10/2000 9:32:00 AM
From: Murrey Walker	Read Replies (1) \| Respond to of 152472

greg...looks like a juicy open, huh?

To: Boplicity who wrote (61180)	1/10/2000 10:24:00 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

TA: look for a quick return to 170's in next few days this stock's price path is the most symmetric I have seen in years with such widespread "trading" of QCOM, we will see a dearth of sellers and a growing number of buyers, resulting in a reversed path on the way up... that path will look identical to the path going down, which was sudden 157-160 should offer some token resistance it offered solid support until emotions stampeded it last week unfortunately, some buyers at 160 on the way down will "walk away even" at this chance old support is new resistance, but not for long THE BIGGER PICTURE: the move from 175 to 140 is now in reverse with earnings, and possibly more solid news, the swing up will likely be substantial I look for a swing momentum move to 210 minimum news items: big news with Nokia CDMA purchases, or ATT begging on bent knee, or possibly a totally unexpected 2:1 split, how about something out of Europe nearterm QCOM target: 210 I maintain the Kyocera deal will strike fear into the hearts of the big4 (Nokia, Ericsson, Motorola, AudioVox) / Jim Willie p.s. options expiration is always the 3rd Friday