Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 171.54

+0.4%

Nov 10 3:59 PM EST

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To: JGoren who wrote (27424)	4/19/1999 11:46:00 AM
From: Sawtooth	Read Replies (2) of 152472

<<New buyers may bail out with the drop, so it could get worse.>> This is what I attribute the drop to, right or wrong. Major MO players swarmed in and are bailing as the initial steam starts to fizzle; coupled with the ever increasing likelihood of a broad correction as the market continues to new highs without a serious adjustment. Some short positions being built. The old rules of how the stock reacts into and out of earnings might not be as applicable since last earnings (we'll find out). Healthy for the Q to build a foundation at the new, higher levels, IMO. I'm focusing on 3 - 5 years out. ...Tim

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