Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: Greg B. who wrote (14362)	8/31/1998 11:29:00 AM
From: marginmike	Read Replies (2) of 152472

I sold this morning half my shares. this was an obvious outcome. It will get worse before it gets better. I sold Gstrf,Sunw baisicly everything except for a nice position in Q. Everbody I know from the individual, to hedge fund, to MM is taling a wait and see attitude. therfore there are no buyers. Technicly the markets a mess, and there is only bad news ahead. I think in the middle of september we will see some improvement. I believe in Q as much as ever, but need to preserve capital for the fire sale!

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