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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 177.78

-2.2%

Jan 9 9:30 AM EST

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To: Boplicity who wrote (3647)	10/12/2000 12:54:41 AM
From: Peter J Hudson	Read Replies (2) of 197156

Greg, Why is it that when a stock has a major move, all the talking heads, pundits, analysts and message board gurus have to have a single discrete cause. I think there was a number of reasons for QCOM's drop today. In order of importance: 1. No China announcement. 2. General tech. / telcom weakness. 3. Rumors of earnings warning 4. Rumor of new QCOM killing technology. I think most importantly, the Q had a nice run on IJ's trip to China and now investor are nervous because there is no news. The rest just causes a cascading effect. IMO Pete

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