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


To: cfoe who wrote (89381)12/7/2000 3:30:30 PM
From: 16yearcycle  Respond to of 152472
 
This market activity is beautiful this week. Huge move, backing and filling; draw in the bears with a drop; stick it to them with a 70 point push, encourage them again with a slow slide; move up 30 to squeeze them.

If this isn't a really firm nas bottom, it sure as hell is a brutal fake out. Bet we will explode again like Tuesday if the election can be resolved tonight, and the gov numbers are good tomorrow.



To: cfoe who wrote (89381)12/7/2000 3:31:12 PM
From: waverider  Read Replies (1) | Respond to of 152472
 
>>>We turned positive a little while ago...<<<

You mean our comments to each other on the thread?
LOL!!!

But referring to the stock price...
a point here, a point there...and pretty soon... :)

Rick



To: cfoe who wrote (89381)12/7/2000 3:31:55 PM
From: Ibexx  Respond to of 152472
 
12/07/00 - Qualcomm Rallies as Crunch Time Begins


New York, Dec 07, 2000 (123Jump via COMTEX) -- Not much out there to juice the technology sector. The best one can say about some tech stocks is they've managed to come up from their lows of last month. There is a bit of a rally underway. Qualcomm (QCOM) has crossed into positive territory to trade at 101.

One can say bullish things about oil services stocks, since most are higher today. Among the better gainers are Weatherford (WFT), up 1.75, or 4.8%, to 38; Noble Drilling (NE), up 2.06, or 6.6%, to 33.25; and Tidewater (TDW), up 1.88, or 4.4%, to 44.25.

RF Micro Devices (RFMD), which enters the Standard & Poor's 400 MidCap Index later this week, has been sporting a gain of 3 and change to over 32 all session. Aside from the fact it sells a lot of communication chips to Nokia (NOK), the Greensboro, N.C.-based company has developed a new power amplifier module in conjuction with a division of Qualcomm.

Ibexx