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

To: Boplicity who wrote (69325)3/21/2000 10:22:00 PM
From: Hobie1Kenobe  Read Replies (1) | Respond to of 152472
 
**OT**
Greg,
What was with that open on JDSU this a.m.? I used the weakness to uncover calls sold yesterday and the rebound was quite satisfying, but that stock has turned into a bungee jump. Any thoughts? Tks.
JF3



To: Boplicity who wrote (69325)3/21/2000 10:59:00 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
Greg the breakout will happen with news or earnings. What I am optimistic about is the bottoming action. Selloffs are occuring on light volume. We had 5 million shares traded today until 2 and Q was up 1 we then traded 4 million in Two hours and taked on a few more points. Any down momentum is met with BUYING almost imidiatly. Q has also started outperforming the market in realative terms, something it has not done for a whille.


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