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

To: marginmike who wrote (118924)	5/18/2002 2:38:22 PM
From: waverider	Respond to of 152472

Good strategy with the semis. Been thinking of shorting AMAT...but the whole semi index is so bloated the pigs just might take it higher. I'll have to disagree with the QCOM thing though. It may go higher, but I see it going down to at least 21 then a prolonged period of base building. Don't know if the July peak is in the cards this time. If it does base...and after more of the telecoms go under...and unemployment stops going up (SBC just bumped another 7000 workers)...then long term may be in the cards for telecom related techs. Good luck. wr