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

To: Wyätt Gwyön who wrote (75438)	7/6/2000 1:10:05 AM
From: Uncle Frank	Respond to of 152472

MM, qcom is a very dangerous stock for traders right now. Its short term outlook is completely unpredictable. It could drop to 50 tomorrow, or it could jump to 70. That's why I advocate a conservatively allocated long term position, and strongly advise against any st options or margined plays. That being said, I view qcom as a stellar long term buy. If you are of the mind to put it under the mattress and forget it for a few years, it could make you rich. I believe the carriers will figure out that their bottom lines are best served by the most efficient air interface and new services afforded on a timely basis. At that point the hand set and infrastructure suppliers will have no choice other than to comply with their customers' demands. jmho, uf .