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

To: Ibexx who wrote (106470)	10/8/2001 11:05:14 AM
From: marginnayan	Respond to of 152472

How is the money flow looking for networking stocks for the past 3 days, including today ?

To: Ibexx who wrote (106470)	10/8/2001 1:05:18 PM
From: waverider	Read Replies (2) \| Respond to of 152472

In other words: "We have accumulated these stocks and want to sell them to you on the next rally." QCOM has acted horribly as it's mania peers that have already made their previous short term bottoms are rallying...CSCO, JNPR, etc. I would think that on any retest of market lows, QCOM will drop with a vengence to finally find a comfortable short term bottom. Said another way, there is no reason to buy while still in a downtrend. See SUNW and EMC for reference. (Boy Rick, you sure have turned into a real wiennie!) <H>