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

To: Sully- who wrote (62093)	1/13/2000 2:50:00 PM
From: Voltaire	Read Replies (2) \| Respond to of 152472

Nothing more than a lack of pressure on the upside, you saw that this morning. MM's have absolutely no reason to have a stock move higher because that is just that much more stock they have to buy and sell at higher prices. This will gradually change but in here it will be slow. Our big move will come between Options Expiration and earnings date. A lot of people forget this stock can move 25 pts. a day and the key is patience. I bought more 2001 170's and 160's this morning. It is frustrating but it will come. V

To: Sully- who wrote (62093)	1/13/2000 3:26:00 PM
From: Tunica Albuginea	Respond to of 152472

wstera, you may be right: " Could the houses also be holding QCOM down to shake loose some margin folks ". The 3 day limit of drop from 160 to 140 is up tomorrow, TA Message #62095 from wstera_02 at Jan 13 2000 2:42PM Voltaire, Could the houses also be holding QCOM down to shake loose some margin folks now that a lot of brokerages have raised the maintenance requirements to 50%? I would think that there are a lot of house calls about to happen since we have pulled back & stayed down lately. JMVHO w2