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To: Boplicity who wrote (1851)5/23/2000 10:38:00 AM
From: Tomas  Read Replies (1) | Respond to of 13572
 
Greg, My thoughts exactly, couple day relief rally
may be possible with the WTO passage, so I just bought
back in to Qcom with a stop in the high 70's.

You had a great call on Qcom earlier this year.

Regards
Tomas



To: Boplicity who wrote (1851)5/23/2000 10:49:00 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 13572
 
As far as the market at large. I'm wondering if China entry into WTO passing might be a catalyst to the market to give it support at least QCOM should react to it favorably.

I think traders will try to use China as an excuse to rally, but I don't think it has very long legs (they discussed this in beefing--see the "Tech Stocks" page). It may help QCOM short term, but I believe China is just yanking QCOM's chain. They have the biggest GSM network in the world. They will throw a few CDMA scraps but there will not be big bucks behind it. However, QCOM fanatics will use this as evidence of (yet another) way QCOM will take over the world. I would sell any China-inspired rally in the issue.

Thank god for Tero. Not listening to him last year made me money. Listening to him this year saved me money.