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

To: John Hayman who wrote (6222)	12/12/1997 10:07:00 AM
From: jeremy eddy	Read Replies (1) \| Respond to of 152472

All Why the huge drop so suddenly????

To: John Hayman who wrote (6222)	12/12/1997 10:08:00 AM
From: Muizz M. Kheraj	Read Replies (1) \| Respond to of 152472

I love QCOM more than any of you can imagine...it looks to me like one of the big winners of 1998...but there is someone selling this stock and he's selling a lot of it. One Million shares before most of us have had our morning coffee??? And, down 2 1/2 ??? There is something terribly wrong here. 52 1/2 would be solid resistance. If we break below that, then look out below!!! If it bounces off 52 1/2 on SOLID volume, then I would suspect that we were just establishing a double bottom...technically, then we'd be due for a bounce to 68 (to form the right shoulder of a head and shoulder formation...but forget T/A...the stock right now is just acting weird!! Muizz

To: John Hayman who wrote (6222)	12/12/1997 11:35:00 AM
From: dougjn	Read Replies (1) \| Respond to of 152472

What do you suppose will happen to Qcom stock when it is announced within the next few weeks (very possibly NEXT week) that Korea is defaulting (announces a debt service moratorium) on its foreign debt? The degree to which this will actually hurt Qcom's earnings will be worked out in the intermediate term, not right away. My only question is how much revs Q gets all told from Korea. (Looks pretty big.) Cause I can promise you, despite what Qdog has said, that no Korean corp. and tiny numbers of individuals are buying new cell phones now. Maybe they will when things are still bad but the panic stage is over in six months. But starting this week for a few months....no way. Then there is the export plan of the Koreans to flood the world with everything at Won 50% off and falling, including it appears CDMA cell phones. When the above news I anticipate actually hits the street, it might be time to buy the Q again. Doug