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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%Jan 23 9:30 AM EST
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To: waverider who wrote (106646)10/10/2001 3:48:12 PM
From: slacker711  Read Replies (1) of 152472
 
Put any stock in Greg's thesis that we need to wash out everyone with a plunge to $25? That would certainly do it.

I think that if Qualcomm fell to $25, you would have people calling the bottom. Thus you would then have people saying that the bottom couldnt possibly be in because capitulation hadnt occurred. It is a nearly endless argument. There are always people calling the bottom (like MM during October of '98).

Slacker
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