The New Qualcomm - write what you like thread. Message Board

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Pastimes : The New Qualcomm - write what you like thread.

QCOM 170.65

+1.5%

3:59 PM EST

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To: Drew Williams who wrote (1323)	12/31/1999 1:57:00 PM
From: Maurice Winn	Read Replies (2) of 12236

$6.4bn traded in Q! Wow, will this monster ever slow. Now that the split has happened, and Y2K has happened, I suppose one more day will see the volume drop quickly. Meanwhile, there has been a fortune transferred to brokers as they nab the spreads and trading costs in the multibillion frenzy. 36.3 m shares traded at $175 or so = $6.4bn which is the third biggest day ever [if I remember rightly] for Qualcomm. Thanks for the security information. Seems as though Y2K problems are going to be in smaller businesses and 'silly' things like turning off the power causing your security systems to lock up. Most small businesses won't experience any problem so even if thousands have problems, their total economic impact seems likely to be small. Supermarkets and petrol [gasoline] stations were flat out yesterday. So they'll have slow sales for a week or so in Y2K. You can tell everyone over there not to bother filling the gas tank or wasting their time in checkout lines. Don't hassle the ATMs. Alan Green$pan will already be winding in those SuperDollars he trundled out, just in case. The world's biggest fizzer. Now all those software programmers can go onto REAL economic activity and give The New Paradigm a huge boost. Hang on! Meanwhile, Mighty Q is trading near all time highs and at $176, pretty much is the high. Wow. That's $704 in old Q! Mqurice

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