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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: foundation who wrote (367)	7/7/2000 7:25:54 AM
From: Ibexx	Respond to of 197552

Wondering how the serious $$$ will react to the announcements. In fact, the news was out yesterday before 5:00 pm after market close, but Instinet trading of QCOM still showed a very steady $61 1/2 - no price erosion whatsoever. It's possible that this had already been somewhat priced into the stock prior to the latest Korean act of posturing. Ibexx

To: foundation who wrote (367)	7/7/2000 7:27:33 AM
From: gdichaz	Respond to of 197552

Benjamin: Looks like you nailed it. But so far, confusion is with us. And the hit to Qualcomm's stock price at the opening likely. (Was this the point of the Bloomberg and Dow Jones "reporting"[sic.]?) If past is prolog, perhaps, but this is a form of manipulation (if it is that) which seems to fall between the cracks - but is very very effective in practice - again, if that is what this is - which we do not know. Do you suppose that the vaunted US "media" will actually report what is real at some point? Will be interesting to see. Best. Chaz ...