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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 181.30-0.5%Dec 11 3:59 PM EST
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To: JGoren who wrote (45540)10/21/1999 11:17:00 AM
From: Voltaire  Read Replies (2) of 152472
 
JGoren,

Technically on most stocks you are correct. I am not into technical or fundamental movements, I adjudicate a stock based on Psychology and especially what I feel to be the House's Psychology. It is not so much that a stock split helps a stock, as it is that a stock that has a built in anticipation for such will suffer a bit as a result of not getting one. We will see. I say with expected earnings and no split announcement we go down about 10 percent. Not negative, just realistic.

V.
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