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Strategies & Market Trends : The New Economy and its Winners

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To: Jan Crawley who wrote (988)7/12/2000 4:30:23 PM
From: Libbyt  Read Replies (1) of 57684
 
QCOM...

Hi Jan,
What a great move in QCOM today. Do you think this is due to the overall market, or a possible short interest in QCOM? I thought it was interesting how CNBC was reporting QCOM "news" yesterday, after hours...when the news was released yesterday morning. It seems like this stock has been beaten down non-stop by the t.v. reporters and newspapers...without having the complete facts on QCOM.
I bought more QCOM today based on Olu's TA of a $60 or above close being positive. (The way QCOM was trading, I thought it would close above 60...)
I'm hoping to sell some of shares of QCOM at a higher level, and keep some as a long term hold.

Libbyt
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