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

QCOM 176.09

-1.8%

3:59 PM EST

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To: Ramsey Su who started this subject	2/23/2001 7:06:11 AM
From: qveauriche	Read Replies (3) of 196972

We have all reassured ourselves during this recent selloff with what we perceive to be the raft of good news that has come out over the past week(China, resolution of the roaming disadvantage,etc.). Yet, CNBC has just reported that we are down another 2-3 points in the premarket and that money flow has been extremely negative. I know we are not supposed to discuss price over here, and I do so only to raise my concern that the big money may know something we don't, and we would do well to marshall our resources and try to find out what it is. Is it a pending announcement on OFDM? China? The selloff in QCOM has been more severe than the market as a whole to a degree which suggests that there may be a fly, as yet undetected by us, in the ointment. My contacts, such as they are, will be massaged thoroughly today, and I will pass along whatever I can find. I implore each of you to do the same. Faithfully yours.

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