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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.59-3.9%Nov 20 3:59 PM EST
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To: Sully- who wrote (62093)1/13/2000 2:50:00 PM
From: Voltaire  Read Replies (2) of 152472
 
Nothing more than a lack of pressure on the upside, you saw that this morning. MM's have absolutely no reason to have a stock move higher because that is just that much more stock they have to buy and sell at higher prices. This will gradually change but in here it will be slow. Our big move will come between Options Expiration and earnings date. A lot of people forget this stock can move 25 pts. a day and the key is patience. I bought more 2001 170's and 160's this morning. It is frustrating but it will come.

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