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


To: MileHigh who wrote (59496)1/4/2000 7:53:00 PM
From: zello  Respond to of 152472
 
What is your definition of fundamental? If is it demand that was greater than supply then I would say there was plenty of fundamental to drive the stock price higher.

Tim (that would be MAN not mam)

If I were not calm you would have seen all CAPS. If Q retraces it will be interesting to see other stocks (such as YHOO and CMRM) retrace. For a longer list just watch virtually every chart CNBC puts up on the screen and says "look at that chart" with a big, doofy grin of disbelief or by repeating themselves over and over again saying "Qualcomm, Qualcomm, Qualcomm...Yahoo, Yahoo, Yahoo." Are these guys clowns or what? They actually amuse me. No doubt they are tools of manipulation. Someone hypes a stock (look at the bottom of the screen...the stock shoots up). Someone downs a stock (lo and behold look at the ticker tape...the stocks starts tanking). I am surprised no regulation has been placed on them but I guess no one wants to upset the MM's. Too much money to be made.

Like you, I see any retracement as a major buying opportunity. If Q does retrace and falls another $31 from todays market close the Nasdaq will be looking awefully ugly.