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


To: techguerrilla who wrote (73138)6/2/2000 4:21:00 PM
From: Ibexx  Read Replies (2) | Respond to of 152472
 
Your computer screen is not working? - or it's your eyes?

QCOM is up $3 3/4, not bad for a (unfairly) bruised stock that is struggling to get back on its feet.

I am pleased with what happened today. The last thing I would like to see is the 30-points-up-25-points-down type of yo-yo recovery.

Any TA person with rudimentary knowledge will tell you that a stock on a downtrend needs to consolidate first - meaning reduced volatility and narrowed trading range as well as bid/ask spread - before it can resume sustainable upward move.

Chances are you are not going to see Q in three digits in an awful hurry. As for me, it's only on the paper - I've got time and patience.

Cheers,
Ibexx



To: techguerrilla who wrote (73138)6/2/2000 5:49:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 152472
 
<Qualcomm's failure to actively participate in the rally today>

Excuse me?? The Q up 5.34% today on double normal volume. Given the FUD out there, a great showing for the Champ!



To: techguerrilla who wrote (73138)6/3/2000 2:07:00 PM
From: waverider  Respond to of 152472
 
tech...we've talked about this before, I think. QCOM is not into PR for the sake of stock price support. Their numbers will speak for themselves. The price will follow. Hang in there.

<H>