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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 169.27-4.8%3:59 PM EST
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To: TigerPaw who wrote (79328)9/1/2000 11:58:57 AM
From: foundation  Read Replies (2) of 152472
 
"...push #2 when folks come back from labor day..."
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#1 issue when everyone returns will be concern with future earnings - especially in light of soft employment #'s today. "Is the economy slowing too much??" Last half of September is also earnings warning season. Hard to continue to pump up multiples.

I see the COMP at a trading top at about 4275, with the next ride bias down to 3950 - 3810.

Always fun to guess.
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