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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: llwk7051@aol.com who wrote (59912)1/5/2000 6:40:00 PM
From: Cooters  Read Replies (1) of 152472
 
<<Also, not everyone is comfortable being overweighted in one stock so you also have individuals selling as well.>>

Robert, I believe this goes back to the insider sales analogy. There are a multitude of reasons why insiders sell. There is only one why insiders buy. In the case of QCOM in the 1st three trading days of 2000, I'm much more impressed by the number of buyers, who all have the same reason(logic may vary, for sure), than worried about selling pressure which(as you point out) has many strong reasons having nothing to do with the company's prospects.

Cooters
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