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: Boplicity who wrote (44524)	10/13/1999 4:39:00 PM
From: Big Idea	Read Replies (2) of 152472

Where do you get $190 from? Is this just a guess? When I said $202 it was actually based on more than pulling a price out of thin air. I was off the day low by 3/8, so I apologize. But on a day where the stock fluctuated $15 7/8 I don't feel bad being off $0.37, especially when the DOW is down 184.9 points or 1.77% and the NASDAQ is down 71.04 points or 2.47%. You are going the wrong direction - the after hours quote is currently $207 15/16 which is up $3 19/32 from the close. Based on the wild day I am not sure what to expect at the open. A lot of institutions will be in buy mode on more than just Q as the are some "relative" bargains out there. Some stocks were unfairly beaten down today because of market conditions and will come back because of strong Q3 earnings, or in Q's case fiscal yr-end results. I am quite interested to know why you expect another 14 points to come off before a "bottom" is reached.

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