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


To: sand wedge who wrote (75819)7/8/2000 12:01:24 AM
From: techguerrilla  Read Replies (2) | Respond to of 152472
 
Qualcomm Anonymous

. . . . meetings at the local community center.

I agree basically with your viewpoint. But I liken the weeding out of ALL those people at this point in the "Qualcomm story" as telling a severely injured person in a car accident: "You DESERVED it. You weren't wearing your seat belt." Sometimes the punishment is more severe than the offense.

Qualcomm's "speculative bubble" was punctured by two seriously improper manuevers as I see it--

1) Large brokerage houses targeting Qualcomm with margin maintenance requirements in March.

2) Absolutely unnecessary raising of interest rates by the Fed.

Those factors don't "make the market." I realize that. But throw in major misrepresentations by the "wCDMA adversaries" and this stock has had its speculative bubble not only "corrected" but squashed.

- john -