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


To: Andrew N. Cothran who wrote (111292)1/22/2002 2:07:08 PM
From: limtex  Read Replies (2) | Respond to of 152472
 
AC the last six weeks have been quite a ride. I'm not sure Q ever collapsed 35% in such a short period.

I am split. One hand tells me that this is overdone. The otehr hand says why on earth hasn't Dr J come out and calmed it down.

Phil Wireless sector down 3.9% today apparently.

Market looks like Feb/Apr 01 and Autumn 00. This 2% - 3% per day down is what w got used to then and it is unbelievable doing it all over again.

Maybe now its aftr lunch time it will pick up a bit.

Best,

L



To: Andrew N. Cothran who wrote (111292)1/22/2002 9:13:18 PM
From: chojiro  Read Replies (2) | Respond to of 152472
 
Andy, nervousness is not really a good thing. Concern yes, nervousness no. When I get nervous over a stock, I immediately re-evaluate my entry price and generally set stops accordingly.

Better to be bummed baout losign some with a stop than pulling my hair out over lossed opts.

I'm sure most here have low enough average prices that it is no big concern these intercycle swings, but if tQ doesn't rally with the rest of the market, I would definitely start re-evaluating what the potential underlying currents are saying.

<<When can we all relax???? >>>

Letme take a guess at that. $25 or $69?<GGGG>

P.S> You realize now by me posting here, that I'm setting the stage for a monster run that should put us firmly in your advantage. He;;, either way is still a ways off most likely. Who'd have thought back in Sept this thing would still be chewing around in this range.

Good luck. Just didn't want you to think I'd skipped town on you. I'll wait till $67 for that(g)