Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 180.21

-1.2%

Jan 7 3:59 PM EST

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To: Jon Koplik who wrote (13184)	7/31/1998 7:12:00 PM
From: marginmike	of 152472

I think Qcom as well as other small andmid caps are hanging tough. I have unfourtunatly bought stocks that actually earn money and meet expectations. Most with one exception are at the same level as two weeks ago. I think the market is correcting for these crazy big caps and internet stocks. I am suprised how well my portfolio is holding. I also think that people are knowledgable about this last quarter and realize that Q actually will meet earnings. The behavior of the stock price has been unusially stable. At one time stock would trade 1-2 points lower and then at last 30 minutes recover most of loss(shorts covering?)It seems very stable now. I dont think holders are jumping ship!

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