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

To: Brian Lempel who wrote (7302)	1/20/1998 12:37:00 PM
From: waitwatchwander	Respond to of 152472

It sounds to me like all these analyst folks are looking at charts instead of the fundamentals. To me, and I'm no expert in TA matters, it looks like a final blow off is going to take us to the low 40's. What happens if earnings are down? They must have a lot of expenses in the last little while. Production, distribution, commercials, charter air craft, long distance phone calls .... Just more randon rambling.

To: Brian Lempel who wrote (7302)	1/20/1998 12:49:00 PM
From: Tom Klempay	Read Replies (1) \| Respond to of 152472

You might be right. QCOM was up as high as 48 7/8, but since the Soundview downgrade hit, its pulled back to 47 3/4. It becomes very annoying when an analyst changes his/her recommendation, yet gives no reasons why and doesn't change the earnings estimates. I guess we'll find out after the bell if Albert Lin knows something that we don't. -tk