Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.77

0.0%

10:36 AM EST

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To: appro who wrote (6308)	12/12/1997 4:35:00 PM
From: Ardner Cheshire, Jr.	Read Replies (2) of 152472

Peter, I agree with appro. In my experience, once a stock crashes and burns, as Q did today, it does not move higher for quite some time. Usually, in a day or two you get a bounce to the upside, followed by a series of selloffs to the downside. Wait and let things settle down. The "tape" will tell you when it is relatively safe to buy.

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