CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: Richard Tuck who wrote (1515)	1/17/1997 10:03:00 PM
From: Chris Reeder	of 1819

INTC is a class example, stocks are going up on whispers, rumours whatever. When it becomes fact, TAKE PROFITS. Also, it was the conference call that help drive down INTC a couple of points. I think MSFT will do the same Monday. Only stocks that completely surprise, but didn't run up prior are the big gainers the next day. I think QCOM might fall into that category for the short term traders. Long termers can start sitting back for awhile and smile. It's going to track the over valued market up and down.

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