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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.64-0.4%1:14 PM EST

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To: Voltaire who wrote (47860)11/4/1999 7:28:00 PM
From: cfoe  Read Replies (1) of 152472
 
<There are four dynamics involved that make it practically impossible for this stock to drop. They are all psychological.>

After the earnings you wrote in a post that QCOM has arrived. (A view which I fully endorse, by the way.) Is this part of the "psychological" dynamics you are referring to? It is for me.

Example: Today on CNBC (my place to check out the current "prevailing wisdom"), after the close, the list of top telecomm stock movers included QCOM. In the past, that is before this Tuesday/Wednesday, a rise of a lot more than 3 points did not get QCOM on the list. Today, it was on the list. To me that indicates a shift in how QCOM is now held by the business media.
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