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

To: Didi who wrote (72528)5/26/2000 10:11:00 AM
From: Jeffry K. Smith  Read Replies (1) | Respond to of 152472
 
What do all those squiggly lines mean Di? (only half kidding!) I read them as a buy signal, but recently what you read and what happens seem to be 100% opposite.

This market is beyond irrational as far as I'm concerned!

Best,
Jeff Smith



To: Didi who wrote (72528)5/26/2000 10:48:00 AM
From: GO*QCOM  Respond to of 152472
 
The most illustrative example of the sudden schizophrenic reaction of money managers management of QCOM can not be more apparent then in IBD today.On one page it highlights the Fidelity Adv Mid Cap T fund making a new purchase of 380,000 shares of QUALCOMM.Turn a few pages to on the section "Where The Money Is Flowing" page it makes the statement "Mutual Funds have pulled the plug on the stock (QCOM),selling huge blocks of stock the last five days "


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