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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%Nov 13 3:59 PM EST

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To: waverider who wrote (60360)1/6/2000 8:39:00 PM
From: Peter J Hudson  Read Replies (2) of 152472
 
Qualcomm is not quite down to the price it was on Dec. 28, 7 trading days past. I believe there is exactly the same justification for this decline that there was for the run up, none. Hopefully those that will be buying tomorrow were buying at 125 (500) on Dec. 28. Certainly we all realized that there would eventually be a correction. You have to be very cautious when counting paper profits.

Very long Qualcomm for a very long time.

Pete
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