John, Mike & Tom's <b>Wild World of Stocks</b> Message Board

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Technology Stocks : John, Mike & Tom's Wild World of Stocks

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To: wlheatmoon who wrote (1860)	10/11/2000 11:07:32 PM
From: John Pitera	Read Replies (1) of 2850

Mike, I think we've all been impressed with QCOM's relative strength the past 8 weeks... this is a red flag possibly... ----15:56 ET QUALCOMM (QCOM) 70 1/4 -9 7/16 (-11.8%): -- Update -- Some traders attributing weakness in stock to news that an Australian company has successfully tested and demonstrated the functionality of its SpectruCell system, a cellular wireless base station capable of processing multiple protocols simultaneously. Technology is being viewed as a QCOM killer. ------------ wow is GBLX just getting killed......ditto MFNX GMST is falling hard the past few days,O'm giving some thought to trying to buy some of that at some point. When we get to a real blowout like April 14th-17th and late May, I think I'll be selling just about all of the energy stocks if I can put it into tech that seems to have just gotten wildly oversold. even if this is a multiyear bear mkt, we'll get very tradable rallies at points in time.

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