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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.21-1.2%3:59 PM EST

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To: marginmike who wrote (60342)1/6/2000 8:09:00 PM
From: Keith Feral   of 152472
 
I like the idea of a tech sell off based upon LU's revenue and EPS dissappointment. It gives a sense of finality to the tax induced selloff. Who is going to sell their QCOM or MSFT based upon LU's problems? These uncorrelated selloffs are always great buying opportunities. It's a joke that INTC was trading off $3 on the news. What about CSCO down $5, QCOM down $5, JDSU down $7. Who are these clowns trading after hours? Now that we know the real reason for the specific weakness in the telecom space the past 24 hours, I feel the opportunity for a reversal is much closer.
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