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


To: marginmike who wrote (115814)3/19/2002 10:19:09 PM
From: Robin Plunder  Read Replies (1) | Respond to of 152472
 
Marginmike, probably we could rally. The BRCD and JDSU charts, though, show a similar pattern, with a more obvious head and shoulders, and their 'cup and handle' patterns have already broken down into decline. NT is even more advanced, along these lines. QCOM is a better positioned company than these others, and maybe it can rally, but I wonder if it is just largely trending with the market, and the recent rally will roll over like these others.

Robin



To: marginmike who wrote (115814)3/19/2002 11:04:54 PM
From: Paul V.  Read Replies (1) | Respond to of 152472
 
Jacob, >Disclosure: I'm long AMAT, QCOM, and CSCO,
and have sell orders for all three, in increments
beginning at 50, 50, and 20 (respectively). < We did
take out the high two years of the figures for the bubble.

Same stocks for me.

Wen we ran a NAIC STOCK SELECTIONS GUIDE
(fundamental analysis) we got the following buy, hold
and sell ranges.

AMAT Buy $20.4-45.8)
Hold ($45.8-$71.1)
Sell ($71.1-$96.5
Value line $65-$95

Dorsey wright has a target of $61 for AMAT at the present time.

QCOM Buy $20-54
Hold $54-$87.9
Sell $87.9-$121.9
Value line $80-$115

Dorsey wright has a target of $67 for Qcom at the present time.

CSCO Buy $11.00-$21.2
$21.2-31.5
$31.5-$41.7
Value line $30-40

Dorsey wright has a target of $24 for CSCO at the present time.

However, many times the NAIC DATA IS LOW.

Just my observation and opinions.

Paul