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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%3:59 PM EST

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To: David E. Taylor who wrote (113753)2/20/2002 12:00:17 PM
From: Stephen M. DeMoss  Read Replies (4) of 152472
 
So the charts direction is more pertinent than the fundamentals? I guess the past few days of trading prove that out. Should we all sell in the money calls on our position before it goes to 32? Sell out right? Or believe the fundementals somehow will change the downtrend?
This is very frustrating to see the stock continue to get pummeled. All the news has been what we expected, analysts have defended the stock (after the accounting matter), and yet it goes down, down, down. This is very disheartening. With 2.4b in cash and no debt, how can it be decimated like this? Thoughts? Anyone??? Steve D.
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