Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.81

0.0%

Dec 26 9:30 AM EST

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To: Dennis O'Bell who wrote (88575)	11/30/2000 10:39:18 PM
From: waverider	Read Replies (1) of 152472

This is good... Volume was incredibly heavy at 1.51 billion on the NYSE and at 2.74 billion on the Nasdaq Stock Market - the second busiest trading day ever for the Nasdaq. Market breadth was horrendous, with decliners trouncing advancers by 19 to 10 on the NYSE and by 28 to 13 on the Nasdaq. In the meantime, an amazing 985 Nasdaq stocks hit new 52-week lows Thursday versus a mere 48 reaching fresh 52-week highs. The picture was negative, but not nearly as bleak on the NYSE, where 212 stocks set fresh lows compared to 121 hitting new highs. And so is this... And fund managers are indeed sitting on hoards of cash. The Investment Company Institute said cash at U.S. equity funds surged to $212.9 billion in October, up 10.2 percent from the end of September. cbs.marketwatch.com

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