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

To: Jill who wrote (66621)	2/13/2000 10:56:00 AM
From: Boplicity	Read Replies (2) \| Respond to of 152472

SAN FRANCISCO (Feb. 13) - ``Peanuts' creator Charles M. Schulz died on Saturday, turning his farewell note in Sunday papers into an epitaph for both a comic strip and its creator.

To: Jill who wrote (66621)	2/13/2000 10:34:00 PM
From: Dwight E. Karlsen	Read Replies (2) \| Respond to of 152472

stocks always have a tougher time when they are trading significantly below their 52-wk high. If you take a look at the chart, you'll see that with just a rough count, there were over 300 million shares purchased at prices between $140-$200. Now, suppose you purchased 500 shrs at $150-160 range in the first part of January. Suppose qcom goes back to $148. You might want to end the pain of holding a losing position, and you just might sell. Those shares right now represent "overhead supply", and the chart is therefore damaged. If you don't agree, that is fine with me. But William O'Neil, founder of Investor's Business Daily, won't buy a stock that has a big load of overhead supply.