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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: carranza2 who wrote (115423)3/12/2002 4:11:35 PM
From: limtex  Read Replies (1) of 152472
 
carra - QCOM is one the great shorting stocks. Must have gotten into the hedge funds cross wires and now any weakness in the overall market and they sell thee hell out of it.

Seems to me thats why when the market picked up a week or so agi the Q git a great run even up to yesterday when at one satage is was nicely over $44.

But on any bad news ..whack. Its irrelevant. I've been over on the Zeev Turnip thread. They sometimes mention QCOM but I don't think many of them have to faintest idea what it does.

Its like a sort of shorting commodity, market in trouble ...short qcom and why ....because it works wonderfully well for the shorts. Thats why they keep coming back to it.

Best

L
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