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QCOM still on WATCH list

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QCOM still on WATCH LIST 2-7-06

QCOM CLOSED SLIGHTLY DOWN ON TUESDAY TO $45.73. WHICH IS STILL BELOW THE $46.50 WATCH LIST MONITOR PRICE and thus will remain on our WATCH LIST.


We will be watching this issue until it either comes off the watch list by closing above $46.50 or we will inform you of a possible exit strategy if the stock is not able to build and hold a support at around the $45.50 - $46.00 level. We are still looking for support at the $45.50 - $46.00 level. After hours trading currently shows QCOM stock trading above the $46.00 price area. We will keep watching and inform you of any action, if necessary that may or may not be needed to be taken with this issue.

CURRENT ISSUES ON THE WATCH LIST

QCOM -
currently trading at $45.73 - ( $46 in-after hours )

WATCH LIST PRICE $46.50.
The issue will remain on the watch list until it closes above $46.50 or we need to recommend a possible exit strategy.

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