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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.67+1.6%Nov 12 3:59 PM EST

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To: waverider who wrote (81122)9/21/2000 9:26:30 PM
From: Jacob Snyder  Read Replies (1) of 152472
 
re: Everybody I read was patting themselves on the back for being so smart for buying under $70.

Except for those of us who were patting ourselves on the back with a cat-o'-9-tails, for being so stupid and selling.

This is a gift, and I'm very grateful to Mr. Market for giving me a second chance. And I didn't see it coming, either.

No, I don't see a 20% downdraft in QCOM tomorrow. A 10% decline (to around 65), and it may be very brief. But it's anyone's guess. I have been surprised, over and over, at how the stock has responded (or not responded) to news. The edges of the possible, tomorrow, are 60 or 68 for the bottom. I'd be very surprised if the bottom is above or below that range.
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