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


To: Mike Torrence who wrote (118750)5/14/2002 9:57:10 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 152472
 
The Q is at 29.98 in pre-market, up .89. NAZ futures are up 39.50. Could be a very good start to the day. Yay!

six months ago, a good day might have started with QCOM about twice as high in the premarket. 18 months ago, QCOM was over 100 on a good day. go back a bit more than 2 yrs and QCOM was trading over 150. each time people looked at the premarket and if it was up, they felt positive. and so it goes. each time there is a bit of a spurt upward, from whatever level, the bulls are encouraged to stay in the simmering pot. all the violent upward rallies keep hope alive even as the trend has been decidedly downward. of course, QCOM may have already put in its bottom on our visit below 25 recently, but i doubt the tough love is over for the market in general.