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

To: 16yearcycle who wrote (53113)	12/8/1999 2:05:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 152472

I believe the volume dynamic goes something like this we lost momentum going up, couldnt get much above old 406 high second straight day we couldnt make signif new high we came back down, couldnt get below the old 390-393 ceiling we snapped back from 391 to 407 this morning buyers felt as though they captured the cheaper opportunity many might feel that this chance wont be available later now the big new buyers are waiting to see if it comes down they want it for less than 390, and dream of less than 380 MMakers will cooperate to attempt to bring it down again something of a waiting game has taken root we want buyers now to give up in the waiting game and buy big this is a game of "chicken" where we hold all the cards GreggM, you may be right about requiring some news but I doubt we need as much time as you cited necessary as time approaches the split, the waiting game favors us meanwhile, NazComp is already showing 1.1 billion shares the Y2K technology driven stock rally continues, or pauses anyone got a match to light this QCOM tinderbox? / Jim