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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Austin S. who wrote (462)8/3/1999 10:35:00 AM
From: marginmike  Respond to of 13582
 
I would not be surprised if the Q is about to aquire another company. This would explain the way the stock has trading latly. Any guesses out there what type of company Q would want to buy?



To: Austin S. who wrote (462)8/3/1999 11:16:00 AM
From: John Stichnoth  Respond to of 13582
 
This could also be a case of a company's stock price retracing one-third of its price after a run-up, a la classical technical analysis. The latest run started in the high 80's, ran above 160. That would take the base back to the low 140's, which we are now very much approaching, it seems.

Just a "thought".


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