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Pastimes : Home on the range where the buffalo roam
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To: Boplicity who wrote (1784)5/22/2000 11:41:00 AM
From: Wyätt Gwyön  Read Replies (1) of 13572
 
What do you think of QBOMB? Up sharply from intraday low of 77 to 84. Will this hold or be just another distribution opp. I now have to laugh my ass off at Voltaire, who said the houses won't destroy their "inventory" the first time QCOM traded below 100.

The troubling thing is, QCOM has a lot going for it--will make over $1BB in profits next year. That is very select company among high tech stocks. The current selloff should be a flight to quality tech, but QCOM now has almost the same market cap as JDSU. I wonder why QCOM is selling off so hard right now.
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