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

To: Cooters who wrote (79255)8/31/2000 11:51:17 AM
From: marginmike  Read Replies (1) | Respond to of 152472
 
Looking at block trades on the bid or ask is useless. There is no way to determine if they are buys or sells or how many shares are actually trading. The only way to see the stock MVMT is to look at a volume inrelation to which way stock is moving. IE if big blocks are on the ask and the stock doesnt weaken and continues up its accumulation. and vice versa. In Qcom's case it seems like the stock is being distributed, wherin somebody is buying the stock and selling into rallies.



To: Cooters who wrote (79255)8/31/2000 12:06:23 PM
From: William Hunt  Respond to of 152472
 
Cooters ----HDR where are you ? It seems that until we have this technology and some earnings growth for the "Q" in the market we are stuck in neutral in an up market . The news out of the "Q" sure has been quiet plus if their was any increase in chipset sales for this qtr ( based upon last qtr forecast )the institutions bloodhounds would have sniff it out already .

BEST WISHES
BILL
PS That was unusual - I check Island for the "Q" several times a day Thanks


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