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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.39+0.8%3:02 PM EST

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To: Tlac who wrote (39354)9/1/1999 6:42:00 PM
From: DownSouth  Read Replies (1) of 152472
 
...the last time this shock was this low was...
13 days ago??!!


That says it all, Kelly. Relax folks, we ran up very fast over the last few weeks. Today was clearly an overreaction. There was no news as drastic as the drop, but put the drop in perspective.

Does anyone really believe that the analysts to were negative really understand Q from a strategic perspective. Their criticisms were of a tacktical nature, short sighted. That's OK. They get paid to do that.

We will get paid to be patient. The fundamentals haven't changed. The only conclusion that we can validly make now is "the run up was a bit to fast and today we corrected."
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