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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: 2ripley2 who wrote (3538)6/15/2000 4:15:00 PM
From: J.T.  Respond to of 19219
 
2rip, I think QCOM can be had for QCOM 54 1/2 intraday low if you just leave an open order out there GTC. You need to study mid June 99 action and earlier to try and pin it down.

However, you also run the risk of not getting Q at all at these bargain prices. It is a great core stock to pick up at these levels if you never joined the first ride up. Any price in the 50's is hard to find a more compelling buy.

Best regards, J.T.



To: 2ripley2 who wrote (3538)6/15/2000 8:31:00 PM
From: marginmike  Read Replies (1) | Respond to of 19219
 
Ed Snyder downgraded Qcom in Jan 1999 right before it took off. From my experience he has NO CLUE what he is talking about. I think Qcom is a good buy, though it could see mid 50's. I unfourtunatly bought around 70 yesterday. I am confident in the long term it will be a very good buy!


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