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


To: Ibexx who wrote (72798)5/30/2000 12:45:00 PM
From: William Hunt  Read Replies (2) | Respond to of 152472
 
Ibexx ---Maybe a house is picking up a cheap stock or maybe they decided to catch some people in their shorts ? We will see soon

BEST WISHES
BILL



To: Ibexx who wrote (72798)5/30/2000 12:50:00 PM
From: Boplicity  Respond to of 152472
 
I don't really care just so it's not a dead market.

Back to QCOM, bad news and it goes up, shorts should have covered by now, unless of course they are insane, longs thinking out 6 to 12 months should be buying, longs looking for trade, should look at the 106 area as resistance. I expect the stock to have the normal trouble around round numbers and trade with the market, but all and all the low appears to be made as of today as long as the Mr. Market has bottom also. In sum, bad news and stock goes up, selling is over with. The big payday is delayed and a strong possibility to be reduced, yet the payday is still large enough to deem an investment in QCOM worthy while it is all sort it out, just not an over weight investment as QCOM was last year. Basic, very basic and lesson to all.

Greg