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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

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To: GO*QCOM who wrote (284)5/26/2000 10:49:00 AM
From: GO*QCOM  Read Replies (1) of 343
 
The most illustrative example of the sudden schizophrenic reaction of money managers management of QCOM can not be more apparent then in IBD today.On one page it highlights the Fidelity Adv Mid Cap T fund making a new purchase of 380,000 shares of QUALCOMM.Turn a few pages to on the section "Where The Money Is Flowing" page it makes the statement "Mutual Funds have pulled the plug on the stock (QCOM),selling huge blocks of stock the last five days "
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