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To: Voltaire who wrote (2503)2/4/2000 11:41:00 AM
From: jmac  Respond to of 35685
 
Well, 2/17 isn't too far away. I am hoping that the 132 area is a floor during this digestion. If we get there again, I will buy the July 160s again. Thanks for your opinion.

Any feel for the foreign country telcoms (TMX, TEF, TBH). Any room for them to go higher? I've been watching as they rose 10% this week alone. I have to put my cash to work here. Telcom is just too strong to sit on the sidelines.



To: Voltaire who wrote (2503)2/4/2000 12:44:00 PM
From: Hobie1Kenobe  Read Replies (2) | Respond to of 35685
 
<<I feel dramatic news is about around that date of Feb. 17>>

V,
Looks like you and our friend Molloy are on the same page....better get some more July's

Thought people might be interested in this bit of speculation....from over on the Nokia thread.

To: tero kuittinen (3543 )
From: w molloy
Friday, Feb 4 2000 12:06PM ET
Reply # of 3562

Tero and all : rumors that NOK is sampling QCOM MSM chips are flying around San
Diego. NOK and QCOM allegedly signed a deal (subject to NDA) after the handset
division sale.

Anyone shed any light?

w.



To: Voltaire who wrote (2503)2/4/2000 3:02:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
QCOM digestion process at or near 140 must allow perhaps a few million shares to be jettisoned

way too much pain was absorbed by buyers at 140 support that failed... when that happens, 140 turns into stubborn resistance.. those buyers see an open door to exiting with breakeven... they feel great until we go for 160... but they earn their relief... I call them relief sales... again purely emotional

we churn and churn and churn here at 140 for a spell
call it digestion
I call it turnover churn
same result, no movement

meanwhile NazComp is in record territory
I expect the QExpress will catch up and join the run
/ Jim