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


To: Poet who wrote (71238)4/26/2000 5:49:00 PM
From: jmanvegas  Read Replies (3) | Respond to of 152472
 
Poet: There's been so much news on QCOM this past 6 weeks, how much more news do we need? Today was the lowest close of the year. This is a negative market environment with the Fed overhanging the market with potential continuous rate increases. It appears that economic activity is not slowing down to levels that the Fed is comfortable with. That's the bottom line. In the loooong-term, QCOM should be okay, it's the short to intermediate term that things could get brutal with technology stocks in general and QCOM will not buck that trend. The charts continue to show a further breakdown. I'd better rap this post up as the thread Fud police will be all over me. Good luck to you.

jmanvegas
(a member of the quack, quack club)