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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 172.29-2.2%Dec 17 3:59 PM EST

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To: Gaffer who wrote (531)1/21/1997 8:34:00 PM
From: Ramsey Su   of 152472
 
Dennis, QCOM announced dog and pony show for the analysts next month. What do you think the analysts are going to see, anything negative?

The last info I have from Zacks is 41% institution ownership. Do you think the typical wall street firm buy first and then announce their opinion to the masses or vice versa?

I suspect the volume comes from all the brokerages that listened to the conference call yesterday and are rushing out to accumulate, resulting in the buy/sell imbalance.

I don't have access to any source but does anyone on this thread have exact trade data? Specifically, how many block trades are there? That should tell the story as to who is buying.

Finally, may be we can do an informal survey here. How many QCOM shareholders on this thread are selling or thinking about selling versus buying. Starting with me, I am not selling, not today, not tomorrow, not next month, not next year.

Ramsey
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