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

To: marginmike who wrote (90254)12/15/2000 10:12:36 AM
From: Ken Bobey  Read Replies (1) | Respond to of 152472
 
Next support for Q is at $80. After that, who knows? It will be interesting to see where the MMs try and close today for options expiry.

So much for predictions...



To: marginmike who wrote (90254)12/15/2000 10:30:55 AM
From: limtex  Read Replies (1) | Respond to of 152472
 
mm- My guess is that AG won't act till NAZ spirit is well and truly broken as any rate cut will encourage the NAZ and stocks will rise and he clearly doesn't want that.

Where will spirit be broken? My guess, less than 2,000 and could be 1,500 or so.His problem is landing the economy so as to break the NAZ but not cause a depression and serious financial collapse. The bankks are already under careful watch about teleco loans.

Best regards,

L


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