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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.07-1.0%Nov 18 3:59 PM EST

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To: 2brasil who wrote (13607)8/12/1998 4:23:00 PM
From: limtex  Read Replies (1) of 152472
 
Bruce -

Collapse and on a day that the markets had a reasonable rally. If the markets have a down day old Q will be right back in its natural home in the $40s. This stock got dumped by investors yes dumped overboard today ....why?

I really don't know what it is about this stock but no mater how well it might have done in the quarter or no matter who has recommended it sooner or later it heads for the $40s.

Up and owwwn and I never learn the lesson sell after the announcement or after it has had a little rally or indeed any time in the $50 becuase sooner or later down it will go!

Sad day yet again. Should be happy like Warren Buffet says he is when his stocks drop so he can buy more. Well he's much more experienced than I.

Regards,

L
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