Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

Nov 17 3:59 PM EST

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To: Jill who wrote (59662)	1/5/2000 10:41:00 AM
From: Zirdu	Read Replies (3) of 152472

Manipulation? I don't think so. No one has that much money, nor can the various market players agree on anything enough to cause such, in the stocks you mention. Why not apply Occam's Razor? The simplelest explanation is usually correct: That being that stock prices are set by basic supply and demand for shares, and now people who had deferred large capital gains into 2000 are selling in a panic so these gains don't disappear on them. Plus a lot of other market players with different reasons, but the bottom line is more holders of QCOM and the rest wanting to sell at yesterday's price than there are those wanting to buy.

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