Globalstar Memorial Day Massacre Message Board

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Technology Stocks : Globalstar Memorial Day Massacre

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To: KyrosL who wrote (299)	6/17/2000 2:30:00 AM
From: Maurice Winn	Read Replies (1) of 543

<(Some bear Qualcomm analyts have used this "bankruptcy" label inter alia to beat the Q down for the options expiration today. At least that seems to have been the purpose, and sadly it was very very successful.)> Chaz said! It seems that it is possible that there has been a bit of price manipulation of QUALCOMM Incorporated very close to options expiry time. Which does raise the question of something more than just an analyst opinion being the reason for the price guidance, date etc. Maurice PS: Thanks KyrosL! We haven't heard from Geoff as to whether he kept his longs on. He bought at $8.50 for the 'short squeeze' which hasn't happened yet. Still, he's way better off than nearly everyone else.

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