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

To: JGoren who wrote (112472)	2/8/2002 11:20:09 AM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

So, Q is $2.50 off of the intra-day high. With no news, and no similar move in any wireless related company (that I have seen). NAS and DJII same old up moderately (all morning). Amazing ... Jon.

To: JGoren who wrote (112472)	2/8/2002 11:34:42 AM
From: Sawtooth	Respond to of 152472

<<Qcom price action. According to my broker, folks just baling from Qcom and techs; simply tired of the failure to advance pricewise and the losses sustained.>> Easy to believe. I, also, find it interesting to hear my broker's view of what he's seeing with clients. One thing he sees is folks who got used to massive upside swings in their tech holdings. Even though they lost a bundle, there are still many who think that there are still plenty of tech rockets waiting to take off and it's just a matter of finding them. They're not interested in even hearing about stocks that grow 10% a year consistently with a 3% divy to boot. One of the most fascinating things he told me was that there were indeed a fair number of people who did manage to sell out near the top. But they couldn't resist the siren song of easy money and shortly plowed the cash back in for the ride down. That might even be a little harder on the head than just having stayed on the roller coaster. The familiar refrain, "Gimme' just one more bubble; I won't blow it this time!" .......VVVVVVVVVV (I won't; I promise! <grin>)

To: JGoren who wrote (112472)	2/8/2002 11:34:53 AM
From: Hobie1Kenobe	Read Replies (2) \| Respond to of 152472

11:29 ET QCOM QUALCOMM Intraday -- Technical -- (37.22 -1.88) Has blown through this week's trading range low, the Sep low and reached its lowest level since Sep 1999 (see 11:27 comment). Bounce attempts very short lived thus far and without a stabilization at least above the Sep low 38.31 and the range floor at 38.80 the near term bias is expected to remain weak. Next support is in the 36.65/36.50 area followed by weekly lows at 35.25/35. 11:27 ET QCOM QUALCOMM hit by CFRA report (37.15 -1.96) -- Update -- Stock is latest to get hit by a CFRA (Center for Financial Research & Analysis) report which apparently claims that QCOM's 10K reveals that the company recorded revenue in exchange for non-cash consideration and accepted non-cash consideration for receivables removed from its balance sheet; hearing that report also noted potential conflicts of interest between company's Board and auditor, stating that Chairman of Audit Committee, COO, CFO all are former employees of Coopers & Lybrand, predecessor to QCOM's auditor, PricewaterhouseCoopers. Briefing.com cannot verify the accuracy of the CFRA report. 11:17 ET QCOM QUALCOMM exhibiting relative weakness as stk breaks to new session low (38.08 -1