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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.03+1.0%Nov 24 3:59 PM EST

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To: RocketMan who wrote (59914)1/5/2000 6:53:00 PM
From: Tunica Albuginea  Read Replies (1) of 152472
 
Hi RocketMan, good to see you again.Small world it is isn't it?
I don't think the sell off has to do as much with portfolio rebalancing as with
-profit taking deferred to 2000 ( few people had losses in
2000 ?? gg to offset profits with)
-if there is a going to be a correction on other ( weaker stocks, read I-Nuts? GG )
one might as well balance it with profits from stronger stocks ( QCOM ).
-interest rate fears
-portfolio re-balancing may be an indirect effect of the above

I think next week we'll be up again,

TA
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