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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: substancep who wrote (46070)	9/1/2001 10:27:25 PM
From: techreports	Respond to of 54805

I think this is accurate. As I recall, QCOM was suffering from a massive WCDMA/China FUD attack through this chunk of time. Also, I think the stock price settled in and found its "base" around 50 bucks. This was well ahead of the rest of the market and its interesting to note that QCOM's "base" has not gone lower with the pack. In fact, having weathered the FUD etc., we have a stronger QCOM trading in a range approximately 20% higher. :-) This is something i've taken notice to as well. This makes me wonder..next time the market goes through another 50, 60, or 70% crash..i'll buy stock in companies that crashed before and were creating a base (QCOM..CTXS..both up or flat when the NASDAQ crashed!)