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

To: jmac who wrote (57306)12/28/1999 10:13:00 PM
From: gc  Read Replies (1) | Respond to of 152472
 
Maybe two decades is not long enough? Mutual funds are doing the selling to lock in their profit which in turn is tied in to their bonus. They don't care much about tax. Shareholders pay tax, not fund managers.



To: jmac who wrote (57306)12/28/1999 11:00:00 PM
From: puzzlecraft  Read Replies (1) | Respond to of 152472
 
Could be day traders, for whom full taxes are part of doing business. The recent volatility in the leaders looks to me as if short duration traders are prominent in the market. The stop-loss cascade that was triggered late today couldn't have been set more a day ago, given QCOM's rapid rise late yesterday.

John



To: jmac who wrote (57306)12/29/1999 4:54:00 PM
From: gc  Read Replies (2) | Respond to of 152472
 
Have you seen today's action in Q in your two decades experience? I told you yesterday two decades is not long enough. LOL


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