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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Rick Storm who wrote (18095)	6/15/2001 11:27:22 AM
From: Zeev Hed	Respond to of 30051

I still expect a bounce in QCOM, but it will not be as vigorous as, for instance the QLGC bounce we have right now (that QLGC entry just around $49-3/4 now looks pretty good despite dropping $2.5 on it yesterday). I expected a stronger bounce to about $55 from QCOM, but it seems that it is going to go the way of the rest of the wireless "space" for some time, thus my potential target in few months of $35. Got to take profits when offered, QLGC just went above $54-1/4, a nice profit. Zeev In edit just doubled in SCMR here just above $8-1/4.