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

To: Spaw who wrote (20915)	1/7/1999 2:07:00 AM
From: JGoren	Read Replies (1) \| Respond to of 152472

If Qualcomm maintains its trading range, it will go up somewhere between 60 and 70 (maybe hit new all-time high above 70) and then start falling at or a few days after the January 19 quarterly report. What no one knows is if it will continue this way or finally break out. Only some very good news, enough proof of earnings to the analysts with confidence it will continue, 3G conclusion favorable to Qcom, settlement with Ericy could make the stock break out. ETSI standards nearing deadlines in spring, so it is possible breakout finally occur--but to be honest, not likely. Long-term holders will hold through latest rise because they think breakout soon and afraid they will miss the anticipated big rise if they sell and hope to buy back shares at a lower price. You gotta make your own decision.

To: Spaw who wrote (20915)	1/7/1999 10:15:00 AM
From: straight life	Read Replies (1) \| Respond to of 152472

I have no serious opinions, only hopes, short term. The market constantly makes a monkey of me, short term. The long term, where the market supposedly becomes a weighing machine, is where I try to focus amidst the noise. Otherwise I'd constantly be saying $80 by...(name the date of the month)... which I think has become a bit of a curse; you should probably spit over your left shoulder or something after having said it. Sorry M; no offense. That having been said, it's earnings season; all depends upon the numbers, which I expect to be good, and the C.C.; which is the huge wild card.