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


To: Frederick Langford who wrote (105942)10/4/2001 4:07:17 PM
From: qwave  Read Replies (3) | Respond to of 152472
 
Man, a bunch of you are influenced so easily. MM says its the hedge funds and puts the fear into some. Come to find out that it was probably to NXTL decision that was causing softness. Who cares, NXTL just screwed themselves. They will have a niche market with very little growth. If fact, probably no growth at all. It will be a great short candidate if it gets back into the high teens. There have been recent discussions on insiders and big boys selling. What next, that CDMA doesn't work?

I enjoy reading MM's contributions to this board but he is not always right. I think he has convinced himself that the hedge funds are right. Take his rumor and treat it as such. The hedge funds may be spreading rumors to cover shorts because they have had a hard time pushing the stock down. They have done this for the last few quarters and QCOM still comes through. Their timing of these rumors are suspect.

Let me just say that you all need to relax.