Qualcomm Inc (QCOM)

[dwdkc]

Look at Mindy's "Wireless Breakout" and click on the link. Yesterday we had a strong up day well through $40 resistance on twice the recent average daily volume. This is very encouraging--however with volume being so low in the market overall lately (what I referred to as "doldrums"), it's not as meaningful as it would otherwise be. Still--with the news flow looking to be excellent for the next several months and analysts still with low expectations for 2004, I would think we have some great upside--more like $60 as the next major barrier in the next 4-5 months.