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

To: MileHigh who wrote (65560)	1/31/2000 9:14:00 PM
From: jmac	Read Replies (2) \| Respond to of 152472

IMO, today's rally was news related and the good press it got. I do'nt think we had a dead cat bounce here. Tomorrow should also be positive given the late breaking news of tonight. 140 represents stiff resistance.

To: MileHigh who wrote (65560)	1/31/2000 9:25:00 PM
From: waverider	Respond to of 152472

Yes, I know..."dead cat bounces" take out the best of them... But with the China thing splattered all over the papers and the huge volume today, and knowing this is Qualcomm I don't think we should worry about it too much. Besides, these kinds of things are the worries of traders. That said, I sure would not have bought at the close today. But then again, I wouldn't have sold either. Still feel we will see closer to $1.50 EPS this year than $1.04. Rick