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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 9:30 AM EST

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To: 16yearcycle who wrote (56398)12/23/1999 1:05:00 PM
From: JohnG  Read Replies (1) of 152472
 
QCOM now at 470 exactly 10% off the 522 high. Supprise sell is good excuse to drop price & scare out weak hands. Institutional ownership up from 40% in June-July to 70+% today. Its really getting hard for Institutions to pry shares from Q finatics. 4:1 may help, as some "wise fools" practice "selling half of shares of an appreciated stock" to make their investment "all profit". Has a nice ring doesn't.
JohnG
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