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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 3:59 PM EST
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To: Bharat H. Barai who wrote (39174)9/1/1999 9:53:00 AM
From: Uncle Frank  Read Replies (1) of 152472
 
>> Why are we don in morning when wireless phone growth is buzzed up among the analysts?

Three possibilities:

1. Someone found out that cdma doesn't work in rainy weather.

2. One of the institutions put in a program sell to take advantage of the sector's strength this morning.

3. The market makers are taking advantage of market sell orders during Amateur Hour, and the stock will move back up as soon as the suckers have been fleeced.

Not to worry, Bharat, provided your investment window is over 1 hour.

FranQ
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