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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.81-3.0%1:21 PM EST

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To: jmac who wrote (38241)8/18/1999 11:22:00 PM
From: Percival 917  Read Replies (1) of 152472
 
jmac,

The answer is in the past 6 months run up, IMO. There are going to be some that will take profits off the table. Too many times people have rode stocks up, only to ride them back down again. It has happened to everyone at one time or another. So some get nervous and react.

What everyone needs to realize is to listen to what LindyBill, Uncle FranQ, Merlin and others have been saying all along is that Q is NOT just any stock. It is going to be more volatile due to the fantastic run up and the inclusion into the S&P 500. But look at the fundamentals. Until that changes or some new technology comes out of left field, this stock is going to be on a tear for the next several years.

Until something changes just watch the stock and don't sweat the fluctuations. In fact use them to add to your position on any pullbacks. If something does change you'll see here or on the G&K thread and then decide what the prudent thing to do is. Again IMO
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