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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Modano who wrote (17421)12/28/1999 2:38:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Thanks, Modano. . . . . I am getting the impression that some are moving some of those QCOM gains into XING. . . as XING announced a factory for making products with the same technology that made QCOM so popular. XING is a Chinese stock that is already up about 200%. . . but when CNBC announced this. . . the two stocks quickly began moving in opposite directions. . . .QCOM heading downward from 513 . . . and XING heading upward from 28. . .It will be interesting to see if QCOM begins to sell-off significantly over the next day or two. . . as investors plow into XING. . I believe this sort of activity may continue this week. . . though there will be plenty of debates. .. especially from those long QCOM, thinking that it deserves to go "to the moon". . . . I mean $500 bucks per share? C'mon!

Rande Is