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

To: Voltaire who wrote (57829)	12/29/1999 7:25:00 PM
From: John O Dea	Respond to of 152472

My hats off to you Voltaire. I have enjoyed reading your posts and hope you keep it up. JACK

To: Voltaire who wrote (57829)	12/29/1999 9:20:00 PM
From: The Verve	Read Replies (2) \| Respond to of 152472

Voltaire...think it's possible this scenario occurred today? MM's up to their necks in a bad short position with Q. Pulled out every trick in the bag yesterday to lessen their exposure and average down their position. They were successful on a very small scale, but not nearly enough to get out of their predicament. At some point the realization hit, they're in a bad state of affairs. REAL BAD. ...they've shaken the trees and have shaken out all the daytraders, momo players, and weak hands. No easy pickens left on the tree. ...all the smart longs are holding on to their hands and NOT selling. ...more buyers piling in the door. People want in. Line's getting longer... ...split coming up FAST. Split psychology about to ring 'death bell'. ...couldn't sleep last night, AGAIN. ...ulcer hurts WORSE ...can't send 10 year old Timmy to ivy league school, I WANT OUT! ...they're bringing in BODY BAGS through one of the back doors. Associates shaking their heads, whispering, pointing at you. ...manipulation NO longer effective. PANIC. Why did I go SHORT on this BEAST? What DO I DO? ??? ??? Take a deep breath. Realize it's over. Capitulate, call your friends at Paine Webber. Ask for some 'help'. Get on your hands and knees and BEG for an analyst upgrade to be released. BEG! IT has to be good and it has to be BIG! Make this upgrade send a REAL message. REVERSE your position. BUY your short shares. Close your position. GO LONG AND GO LONG HARD. Use as many leveraged instruments at your disposal as possible. PRAY TO YOUR MAKER! Voltaire, is this a likely scenario...or did some MM's get carried off in those 'body bags'? Ron