Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : QUALCOMM-The Wireless Wonder in 1999 -- Ignore unavailable to you. Want to Upgrade?

To: GO*QCOM who wrote (126)	3/10/2000 11:52:00 AM
From: GO*QCOM	Read Replies (1) \| Respond to of 343

To: Gary who wrote (7406) From: GO*QCOM Friday, Mar 10, 2000 11:50 AM ET Reply # of 7408 "Any thoughts on why we continue to sell off here? Seems like the blood letting has to stop soon or we'll see $108 before we know it. I'd appreciate any insight." Consolidation is the obvious culprit.The profits were huge in QCOM,s stock in 1999.Big funds that had there portfolio percentages outbalenced by QUALCOMM'S monster growth has had a shedding effect.On the buy end other big funds are picking up 100,000's of shares each week and they are picking it up slowly and systematically as are the big funds selling to balence.The 20 percent tax bracket window plays a big role in this systematic divesture as time rolls forward more fit into the 12 month time window to shed the stock.Question is when will it all balence and start a new move from this clear base of consolidation.I think that July to January we will see QUALCOMM reach 200.00 and beyond.JMHO.