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

To: Ingenious who wrote (68477)	3/4/2000 2:36:00 PM
From: jmanvegas	Read Replies (3) \| Respond to of 152472

Mr Leland Wiesner: We all know what Q does and where they're going. The stock price is another story. We are range-bound which equals dead money. Yeah , yeah , yeah - you've heard it before. I'm going to repeat myself again for the umpteenth time: 1)I'm long & strong. 2)Shareholders have so far lost money on their Q investment this year - about 28%. 3)A trading range has been established from the 105 low to the 160-170 area. Support looks solid in the 120-125 area and nearby resistance in the 150 area. Stronger resistance is in the 160-170 area. 4)A breakout above the 160-170 area gets us new highs and out of the dead money trading range we're in. 5)This should happen by the 2nd half of this year IMO. If it happens sooner, great. 6)The glory years of Q's stock appreciation begin in earnest in 2001-2004. JMHO. 7)My PC will not be replaced by some cell phone. The cell phone will be added to my arsenal of internet devices. 8)Those investors who have 100% invested in Q or a great majority in Q are missing out on a great number of other opportunities in the marketplace and losing serious money as well by not being as diversified as they should. 9)This thread is made up of a bunch of Qheads, myself included in that pack - Qheads being those who strongly believe in the long-term story of Q. The stock price has languished for a reason, which is healthy IMO. It ran too far, too fast last year and a much needed rest and consolidation are in order. I call it dead money. You call it what you will. Good luck to you. jmanvegas