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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: Labrador who wrote (30222)5/18/1999 8:27:00 AM
From: marginmike  Read Replies (2) of 152472
 
I think there are alot of weak hands in the stock, and we could be suseptable to test the 90 support again. It is at a time like this I wish we had a Micheal Dell, or Csco IR that would imidiatly respond to such articles by restating their confidence. I think yesterday's fall was because all those Money managers knew that article was coming out. Do not forget they were interviewed, and they all have positions in the Q. There is no other way to explain sharp dropoff on no news in up market. If yesterday was an indication, when others see article there will be alot of pressure on the stock.
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