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

To: abuelita who wrote (93048)1/31/2001 3:03:16 PM
From: Ibexx  Read Replies (1) | Respond to of 152472
 
Q! is holding well under considerable selling pressure. The shorts had been waiting for days and weeks to short the Greenspan rate cut. Many other marquee names tanked right after the 50 basis points announcement.

I think the dust will settle and Q!, as well as other leading high techs, will gradually move up. Market usually doesn't fight the FED in the long run.

Ibexx


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