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

To: Dennis Roth who wrote (96731)4/3/2001 8:28:52 PM
From: Sawtooth  Respond to of 152472
 
<<If you can tell me where the bottom is, I may add to my QCOM holding. Is it $40? $25? $10? I don't think anyone knows and I wouldn't believe it if you told me you knew.>>

Hi, Dennis. I wouldn't embarrass myself by pretending I knew. FWIW, I think the market will settle at a surprisingly low multiple and the Q will drift down to synch up with the others. Why wouldn't it? All the good news in the world doesn't seem too likely to bring buyers to the front at this point. The upside is in the recovery (that sounds redundant and painfully obvious <g>).

BWDIK

......VVVVVV



To: Dennis Roth who wrote (96731)4/3/2001 9:25:13 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
I think 38-40 should be VERY strong suport. That was the price Qcom issued shares when they went into S&P, and 160 was a strong suport level pre split on sevral ocasions.


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