Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: ahhaha who wrote (57007)	12/27/1999 8:19:00 PM
From: DiB	Read Replies (1) of 152472

ahhaha, this is what you've said then: Why this interpretation has significance is that price action has exhausted fundamental expectations and the illiquidity above is indicative of that attitude. It suggests the stock has internally peaked, but often price will go to a nominal new high over coming months, but won't make any further substantial advance until a significant correction has taken place or an unexpected improvement in fundamentals occurs. This means one starts looking at the stock for an exit. I think for certain companies in certain circumstances the saying above does not apply. I don't see QCOM having peaked yet, and 100+ points do look like a substantial advance to me... Would you agree?

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