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


To: waverider who wrote (70552)4/14/2000 10:28:00 AM
From: William Hunt  Read Replies (1) | Respond to of 152472
 
Diamond ---just not my opinion ---from briefing.com April 14--
Another miserable close, as traders took Nasdaq to within a whisker of last Tuesday's low... Normally impulsive lows like the one reached last Tuesday don't get tested right away... When they do it is a bad sign...If this floor gets taken out this morning, we could see a selling frenzy build into the weekend resulting in another major drop (300+ points)... Exactly how far down we go is anybody's guess at this point, but there has been nothing in this week's activity to suggest that the institutional investor is ready to come back strong into techs, and as long as the big boys remain disinterested any bounce will prove temporary.
Says it all

BEST WISHES
BILL



To: waverider who wrote (70552)4/14/2000 11:29:00 AM
From: T L Comiskey  Read Replies (2) | Respond to of 152472
 
<H>.'..Get real..'......Things could be worse.. Just glad it ain't the 13th.......!<g>
ps...Notice its a Big Q...is this a buy signal from the Big Guy...?

antwrp.gsfc.nasa.gov






To: waverider who wrote (70552)4/14/2000 1:09:00 PM
From: jmanvegas  Read Replies (2) | Respond to of 152472
 
Diamond H: The Houses? - AJC from Goldman when she took 5% off the table on tech and told everyone about it. I refer to her as the spokesperson for the Houses. She'll be on CNBC later today maybe "to rescue the market." The other ANALyst from Goldman who cautioned about MSFT yesterday. There are numerous others. Sure - was the tech market overbought - you bet it was. Is it now oversold - you bet it is. Can it go lower - sure.

Unfortunately, the wealthy won't feel a thing. I feel for the little guy with his pension or 401K or a few hundred shares here and there getting slammed. What wealth effect was AG referring to when talking about these folks? Everyday I see AG on the TV with his wry smile trying to cover his lies about not targeting the stock market. What bullsh*t. Senator Bunning nailed him on this yesterday at the Senate hearings. AG squirmed because he was caught. But such is life and all is now water under the bridge.

BTW, QCOM is still in "dead money" territory. Have I sold a single share - NOPE. The fundamentals of this company have not changed. The market psychology has. Fundamentals will rule long-term. Psychology will rule short-term.

jmanvegas