Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: limtex who wrote (129380)	5/29/2003 9:17:30 AM
From: slacker711	Read Replies (2) of 152472

Its not Qs fault it is just that Q is a short/hedgie favourite. Never let the facts get in the way of a good story.... Short interest has declined in Qualcomm both on an absolute level and a relative level (days to cover). nasdaqtrader.com From a days to cover perspective, it is in-line with all of the other Nasdaq giants (Intel, Microsoft, Cisco) at less than 2 days of short interest. If you really want to see a stock that is heavily shorted....take a look at Cree. It is less than 1/10th the size of Qualcomm, but has a greater absolute number of shares short. nasdaqtrader.com I wish that more funds were short Qualcomm, it would create a natural pool of buyers. Unfortunately, the current stockprice has more to do with a lack of buying interest than some sort of targeting by shorts and hedge funds. Slacker

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