Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: kech who wrote (6637)	12/19/1997 5:22:00 PM
From: Rick Slemmer	Read Replies (1) of 152472

Tom: Took a tumble to 48 in last half hour. Would that be related to unwinding of options? The Triple Witch does crazy things. I won't even SOES trade on options expiry days. I'd rather wash the dog and sit on cash. I have no position in QCOM yet, but I'm looking for a good entry point. If it bounces off its support at 45 (and I'll give it an 80% chance of doing so), I'll think seriously about jumping in. Now it looks like there's a bit more downside left. RS

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