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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.33-1.0%3:59 PM EST

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To: Jill who wrote (72377)5/24/2000 10:24:00 PM
From: FR1  Read Replies (2) of 152472
 
I have to wonder...they knew the bill would pass. Were institutions picking up shares on the cheap today? Why was it so artifically down?

IMHO, everybody wanted to wait until after the china vote before placing any bets.

Qualcom closed at 76 3/4 - down 2 5/8 for the day.

China went through.

Last afterhours trade on island is for 82 3/8 - that's up over 5 1/2 points or 7.6%

china.com, as you would expect, is up screaming.

You would think that people would be buying up all the china stocks today but AG has everybody so terrified that we all wait until it is a done deal before buying.

Other good news: COSCO, no small store, came in with bad earnings and forcasted bad numbers going forward. We need a few more big ones like this before Godzilla goes home.
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