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


To: Uncle Frank who wrote (73156)6/3/2000 3:26:00 AM
From: techguerrilla  Read Replies (2) | Respond to of 152472
 
Yep! TECHNICAL DAMAGE to Qualcomm's stock. Nothing else, Frank.

The company's fundamentals, though, have NEVER been better. Isn't it ironic?

I think the situation has gotten dramatically brighter for the long run lately. CSCO's recent strength is indicating to me that six months from now rather high P/E ratios are going to be back in business. ORCL and SUNW are demonstrating this, as well, with their moves up Friday.

Excellent July earnings for Qualcomm are going to turn the situation around 180 degrees. I think I just need to sit tight until July 4th.

I need a break from this lunacy. I'm leaning toward selling back the July calls I bought today. It looks like there's too much short-term overhead resistance.

I'm heading to Cuba on Monday. Maybe I should stay down there for a couple months while y'all clear up the FUD. Damn it's getting deep.

Wake me up in August,
John