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

To: Sonny who wrote (12883)	7/23/1998 8:02:00 PM
From: marginmike	Read Replies (1) \| Respond to of 152472

Lets be realistic nothing goes straight up. In consideration of the last two days up over 10% whille markets get hammered is OK by me. Also remember that we finally broke through that range of 49-56 we have been in for months. I agree that the high fifties are a possability, but I dont think we will ever see th forties again(unless we split or Korea falls into the ocean). I think that we will see a range in low 60's until Japan numbers trickle in, or new contracts are formed. I think all in all we are out of neutral, we are not in 5th gear though. I think we are entering a stock pickers market, and moving away from momentum plays, as Earnings will rule the day. If this is true are Q should be at the head of the pact.