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


To: marginmike who wrote (71720)5/11/2000 11:51:00 AM
From: Poet  Read Replies (1) | Respond to of 152472
 
Hi mm:

This is from the Wednesday Option Investor newsletter, on QCOM near term, FWIW:

In the near-term, I don't think the QCOM story looks nearly as
rosy. After Wednesday's sell-off, QCOM fell through the key
support level of $100, and is hovering above critical technical
levels. The stock gapped down Wednesday morning, and volume was
higher than the past five trading days. If the low of $92 holds,
QCOM might bounce back into its trading range between $100 and
$120.