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Pastimes : Home on the range where the buffalo roam

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To: mishedlo who wrote (8678)1/9/2001 10:44:54 AM
From: DaYooper  Read Replies (1) of 13572
 
Hi Mike,

The action yesterday and today in QCOM is certainly puzzling to me.

Yesterday up on Korea developments regarding their last 3G license and today down in sympathy with NOK announcements regarding handset sales. (although NOK's numbers on sales of GSM phones are irrelevant to QCOM)

Now a couple questions for you.

What further news or developments do you expect that will drive the markets lower over the next month or so? Any prediction on when the macro trend will turn back positive or never? <g>

I'm feeling pretty good about Monday's reinforcement of the 2290s level on the Naz and the non-euphoric buying today. You think that's misplaced optimism I assume?

Best, Rory
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