SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeff Vayda who wrote (112512)2/8/2002 12:14:53 PM
From: Maurice Winn  Read Replies (2) of 152472
 
Good grief, look at how many buyers are flooding in to buy QUALCOMM. Already 15 million shares bought today.

It's like a lolly scramble. This happened in 1996 when QUALCOMM suddenly dropped to 32 from 40 in a big drop. It never returned to 32 and many made out like bandits in the panic [by buying at the bottom].

When QUALCOMM is $60 again in a couple of months, people will kick themselves for having sold and others for having failed to grab the opportunity when it was there.

That's what I see when I scatter the chicken bones and examine them for patterns.

The end of the world has never yet come and I don't think we are seeing it now, though it's a lot of fun scaring ourselves into buying gold and watching the fur rise on our forearms and feeling it on the back of our necks.

Life is much more prosaic these days, [911 notwithstanding],

Mq

edit...make that 16.5 million shares today...ooops, refresh and already 16.7 million.... big selling/big buying...no, 17 million now....[15 minutes ago, not realtime]. 17.2 [hmmm, a couple of million shares in 10 minutes]. 17.5 [note to self, get realtime streamers set up again]. Bloody hell, $35 and 18 million... BIG seller[s] 18.30 .... 18.8 I once watched Yahoo! soar to its peak and seriously thought about shorting for the first time ever. This seems like a comparable panic down. Get drink of water, go to loo, now 20.20 [vision?] 20.5 at $35.20....crikey...running out of edit time...20.8... time's up..$35 even...going down.....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext