SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Ibexx who wrote (95033)3/1/2001 5:35:08 PM
From: SGJ  Read Replies (3) | Respond to of 152472
 
I wish I shared your optimism, but I think the markets were manipulated by an unfounded IBM rumor. The techs are so oversold that this spark ignited the enormous short positions to cover.

One thing I have learned over the past year is that just because you are oversold doesnt mean you can't become more oversold. We will see tomorrow as ORCL is tanking badly on their warning and will take some others with it. SEBL comes to mind.