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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.78+0.1%3:59 PM EST
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To: Art Bechhoefer who wrote (79446)9/5/2000 9:23:17 PM
From: waverider  Read Replies (2) of 152472
 
Art, what happened today is what I was talking about. Most of the stocks I am following have an over bought look to them and I think are ready for more of the same as today.
In terms of QCOM, it doesn't matter to me because I feel we have seen the bottom and that their Spinco IPO will do well...but the rest of the market looks risky to me. The number of fall IPOs in fact makes it worse...more places to put money that could be going INSTEAD into my favorite stocks.

Rick
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