Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 169.95

+1.1%

1:52 PM EST

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To: Keith Feral who wrote (94481)	2/23/2001 8:04:14 PM
From: waverider	Read Replies (3) of 152472

Actually the low yesterday was 63 1/16th. We were stopped at 62 5/8ths today and were turned back. I would have liked it a lot better if we had taken out that low. We didn't, so...I'll betcha we take some of the icing off on Monday. Speaking of Monday, it will depend a lot on the news this weekend, but those days are known for their evil ways in the markets. A tremendous amount of technical damage was done to QCOM today. I doubt we've seen the end of the thrashing. The announcement from IR may be seen as just another company in denial...like EMC, SUNW, etc...all issued optimistic notes before their, ah, er..."Well sorry folks, but..." Rick

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