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

To: John Koligman who wrote (117618)	4/29/2002 4:13:36 PM
From: David E. Taylor	Respond to of 152472

John: OT: There's been some big institutional dumping of WCOM since 4/22 when it became clear it would be trading below $5 for the foreseeable future. 3 billion shares outstanding, with around 50% institutional ownership makes for some heavy volume selling days. And the bottom feeding traders will wait for the DCB, then sell it again back to a retest of the low, before it finds any kind of footing. Long time basing IMO before it gets over $5 again. David T.