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


To: Boplicity who wrote (64414)1/26/2000 10:13:00 AM
From: waverider  Read Replies (2) | Respond to of 152472
 
Nice trade Greg...looks like you got in near the bottom so far. Go!

Rick



To: Boplicity who wrote (64414)1/26/2000 10:13:00 AM
From: RocketMan  Read Replies (1) | Respond to of 152472
 
MMs will be able to retire after today :-)



To: Boplicity who wrote (64414)1/26/2000 11:18:00 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
TA: 50day Moving Avg is 120-123 area, offered support
I expect strong support by this technical level
we filled the damned 130-140 gap finally

this response at 120 is strong, defining, and significant
volume is absolutely enormous, confirming 120's significance
it will be difficult for QCOM to penetrate 120 on downside from here
NEVER SAY NEVER

QCOM could be in the 120-140 range for a few weeks

expecting a technical reflex rally to 140 level shortly
like in next few hours, or couple days
could be excellent bailout opportunity for salvage shorterm whatevers

when Nokia deal is announced, 140-160 range is likely
until June (when HDR on near horizon), under 160
still expecting at least 250-300 by yearend

now a longterm investor (hard to believe)
just trying to salvage the relatively few Feb Qcalls

only thing I am upset with regarding Jacobs crew is handling the seasonality issue for next quarter... product transition is one thing, but seasonality comes with the calendar
/ Jim