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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.25+0.6%Dec 19 3:59 PM EST

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To: brian h who wrote (10192)4/22/1998 5:01:00 PM
From: James Song  Read Replies (1) of 152472
 
Brian,

I think so. Today's action is really profit taking. We should not forget how fast the QCOM stock could drop once there was a warning . So if people really thought the report was bad, we could have seen much more price drop than $2. It's been more than $10 up-run in very short period. It is always "sell on news". But I believe people are relieved to learn that it is not really that bad after all. We should see the stock price creeping up soon.
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