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

To: Keith Feral who wrote (81211)9/22/2000 12:07:16 PM
From: marginmike  Read Replies (2) | Respond to of 152472
 
Excatly, and as long as that type of inbalance remains a washout is nescesary. Look at the difference in SNDK and SSTI both in the same industry and their valuations out of whack. There is no rhythem to this market and its got to find a solid ground to start the next wave. Do not forget that we have really been in a Bear market since 98, with dow, and broad market in a huge trading range.



To: Keith Feral who wrote (81211)9/22/2000 1:21:19 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 152472
 
I'm back in. Bought at 70, 10% of my money. Still have limit orders (same $ amounts) at 65 and 60 (although I doubt I'll get it).

The "Intel effect" was a lot more selective than I thought it would be. Semi-equips, companies that are PC-related, that's about it. The selling did not extend to the entire Nasdaq, or even to the entire chip universe.


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