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To: techguerrilla who wrote (21273)6/2/2000 4:01:00 PM
From: techguerrilla  Respond to of 35685
 
Qualcomm needs more clarity to get out of this funk!

Its failure to participate in the rally shows the seriousness of the funk and the desire of many to sell into the rallies.

The Naz rally, though, shows me that high P/E ratios will be tolerated in the tech sector. As a result, we need the closer proximity of July earnings. June could remain somewhat treacherous. But at least we know Qualcomm's incredible upside potential. Wasn't it in the mid-150's in early April? Have fundamentals really changed? Yeah! For the better. All we need is some clarity. We should be getting some clarifying press releases out of Qualcomm soon. Damn it!

Anticipation,
John