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

To: Caxton Rhodes who wrote (115103)	3/5/2002 11:57:03 AM
From: Wyätt Gwyön	Respond to of 152472

if it can make it to 46 that is already a decent gain from 31. but the stock more than doubled from 51 to 110 in 2000 as well, which i would consider a more impressive gain than 31 to 46. one of the things that gets me about TA is why should 31 to 46 be more significant than 51 to 110? if the stock wasn't in a bull market after doubling, i don't know what would have done it.

To: Caxton Rhodes who wrote (115103)	3/5/2002 12:28:03 PM
From: limtex	Respond to of 152472

CR - I don't remember you commenting on the stock price before. Best, L

To: Caxton Rhodes who wrote (115103)	3/5/2002 12:29:05 PM
From: Wyätt Gwyön	Respond to of 152472

the other thing to keep in mind is that QCOM is basically doing what the QQQ is doing. right now there are a lot of money managers playing with OPM and they are buying any kind of trash in sight so as not to miss the "bull". this has the effect of pushing up just about everything in the QQQ, so it is hard to say whether this or that particular stock is in a "bull market". my guess is that soon these fools will have their heads handed to them, at which point the wheat will separate from the chaff. so if QCOM is able to extend gains as soon as the trash indexes start falling, then maybe it is in a bull market. but it is hard to say anything while the pigs are flying.