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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.10

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4:00 PM EST

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To: theRedDog who wrote (32722)	11/8/1999 12:04:00 AM
From: Stephen	Read Replies (2) of 99985

theRedDog, QCOM is interesting. It ran up into earnings and met the whisper number and was selling off in the after market until it announced its 4-1 split - which reversed the whole process. It has since become a must own stock in some camps ... and overvalued in others. Without the split announcement ... I think it would currently be trading at 225. Just another example of a market that lacks any fundemental depth to its moves imho .... Stephen

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