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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: gc who wrote (33207)6/25/1999 12:14:00 PM
From: Boplicity  Read Replies (1) | Respond to of 152472
 
Profit taking before the Fed meeting, misplaced in my mind, with earnings coming..

G



To: gc who wrote (33207)6/25/1999 12:41:00 PM
From: Jon Koplik  Read Replies (2) | Respond to of 152472
 
Allow me to be the first to answer : "more sellers than buyers." Jon. eom.



To: gc who wrote (33207)6/25/1999 12:45:00 PM
From: ribman  Respond to of 152472
 
You call this "very weak"? You ought to follow a volatile stock like RMBS. There are atleast a dozen news items/ rumors a day, that have the potential to move Q this much. Some make it to the thread, some don't. Not to mention the good possibility of profit taking by some before the end of the quarter, or the TA people who march to their own drummer, and seem to get in and out rather frequently.

QCOM has been an absolute powerhouse in the early part of its gorilla life, with minimal retracing of big up moves. Some of us would like to see a healthy 10% correction from time to time to afford a few more buying opportunities.