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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%Jan 23 9:30 AM EST

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To: gdichaz who wrote (40301)9/9/1999 10:41:00 PM
From: NucTrader  Read Replies (3) of 152472
 
As a recent acquirer of this stock in the mid 160s I'm becoming more and more nervous. It's retraced 50% from its recent high and this looked OK for a consolidation phase and reasonable buying point. But what really makes me nervous aside from the recent action is this "old news" - steady insider sales all year (yeah, I know, just getting rich) but look at the pattern of acceleration since July. Don't care what kind of spin you put on it. This is a pot full of insider stock...
moneycentral.msn.com
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