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


To: engineer who wrote (64470)1/26/2000 11:37:00 AM
From: waverider  Read Replies (2) | Respond to of 152472
 
LOL! Exactly.

Rick



To: engineer who wrote (64470)1/26/2000 6:39:00 PM
From: RalphCramden  Read Replies (1) | Respond to of 152472
 
Au contraire, mon ing‚nieur. Exactly the opposite is demonstrated by QCOM's time series of closing prices.

The biggest one day drop ever taken by QCOM is today's 16%. On only 3 days since it went public has QCOM closed more than 15% down from the day before: 26-Jan-00, 16-Apr-96, and 6-Feb-98.

By contrast, the biggest one day rise is more than twice the size of the biggest one day drop: 39% on 21-Apr-99. QCOM has closed up by 30% as often as it has closed down by 15%. Up on 3 occasions: 21-Apr-99, 29-Dec-99, and 30-Sep-92.

QCOM has closed up by 15% more than 3 X as often as it has closed down by 15%: up more than 15% on 10 days since it opened.

So the market performance shows that it is "2 to 3 times" easier to get people to invest in QCOM than it is to scare them out of it!

engineer wrote:
It is far more easy to scare someone into selling fast so that they do not "loose" what they have than it is to get someone to invest in a future in which they can make alot.