Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: KeepItSimple who wrote (39066)	8/31/1999 1:52:00 PM
From: Bux	Read Replies (1) of 152472

As per cramer, the funds are propping up QCOM until the last day of the month to make their "end of month" statements look better. On the 1st expect a fall. Doesn't make sense. Why would they stop buying at the end of the month? I can understand wanting the statements to say QCOM on them but most funds keep very little cash on hand and most cash inflows come at the beginning of the month. I think the short term price depends more upon overall market sentiment than anything else and so far QCOM has been a good place to be invested on the down days. Anyone who can predict the direction of a stock days in advance significantly better than chance would be managing millions of dollars, not writing for the street.com. Bux

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