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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.61+1.4%12:30 PM EST

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To: John Hayman who wrote (6254)12/12/1997 1:06:00 PM
From: dougjn  Read Replies (1) of 152472
 
I can't believe it is tanking this fast before a Korean default. Must be some big boys who have figgured out Korean exposure is huge.

Hasn't been featured on CNBC yet. I hope some of my friends around here got out in last few days. Or at least yesterday or this AM.

I suppose I'm gonna be hated for a while. Hey, I'm getting killed in Csco today. Wish I'd followed Cramer out. Wanted a bounce. Famous las regret.

Great buying opportunity coming up. But not for a while. There will be a strong relief rally. But I suspect another major hit when it turns out Qcom is getting hit pretty badly intermediate term by Asian deflation.

Doug
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