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


To: Zeke who wrote (65951)2/3/2000 12:46:00 PM
From: Jenne  Respond to of 152472
 
12:14 ET Market Action : Dow (-100) and Nasdaq (+51) fall to session lows... Beginning to see profit-taking in many of the morning's gap advancers... Hearing rumors of an emergency Fed meeting to discuss bond house that may have been caught in a short-squeeze this morning.



To: Zeke who wrote (65951)2/3/2000 12:53:00 PM
From: Wyätt Gwyön  Read Replies (3) | Respond to of 152472
 
Having fun with volatility. Remember QCOM has had a great rebound from 105 5/8 to 148 in less than a week. My calculator sez that's 40%+. Purty good for one week! Of course there is profit-taking (inc. me :). Notice how quick Q bounced back from 132 back to 139...that's the bargain-hunters coming 'round. Maybe we'll have a retest and sink to 127 or 123 or some other arbitrary number. Don't take it seriously. Better to take advantage and ride the market waves than to drown worrying about where QCOM "should be".
Mucho Waverider



To: Zeke who wrote (65951)2/3/2000 1:30:00 PM
From: AV8R  Respond to of 152472
 
Just a little healthy profit taking is all :)



To: Zeke who wrote (65951)2/3/2000 3:56:00 PM
From: waverider  Read Replies (2) | Respond to of 152472
 
I hope back into the $105 range so I can pick up some more.

Rick