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

To: Cooters who wrote (70513)	4/13/2000 9:17:00 PM
From: limtex	Respond to of 152472

Cooters - always good to hear from old timers. Just frustrated with the daily haircut and the endless selling. You would have thought it would have eased up a bit after three weeks of it but there is in fact no end in sight. Its getting time to call it a day. I just shiver when I think what might happen if there is the sligghtest imperfection in the Q announcement or CC. If it comes in clean at the expected number it will tank but if there is the slightest inkling of a problem then we're heading south of $70-$80 in a flash. Before you can say "high P/E". Goodness I hope I'm wrong and that Vol is right when he predicts the market up tomorrow. Oh I hope he's right. Best regards, L

To: Cooters who wrote (70513)	4/13/2000 9:25:00 PM
From: foundation	Respond to of 152472

Lots of fear on this board and elsewhere... I believe tech generals still have to be taken out - CSCO, INTC, ORCL, SUNW, etc. before bottoming. Q will be hit as well, but already well off highs and should not receive full blow, barring earnings blow up, which I don't see... Generals began to be hit today. SUNW after earnings will be a good tell tomorrow. The market exists to inflict as much pain on the most people possible. Today, until the last 1/2 hour, individuals were still buying as institutions were selling. The individual must still capitulate and sell, similar in magnitude to the 7th, before it is time to buy. Buying reflexively on dips is no longer an automatic response after today. Review Ameritrade Online Investor Index chart. ameritradeindex.com Individuals buying like mad - large block trades (institutions) well biased toward selling. A dip in individual buying (selling on fear) like the 7th may be a reasonable buy signal... QCOM wild card - China MFNS regards and still long core QCOM position (would be hard to sleep without)...