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


To: Kayaker who wrote (121019)6/26/2002 7:21:04 PM
From: carranza2  Read Replies (2) | Respond to of 152472
 
PCS at 3.67

Congrats. Great buy.

At the risk of attracting rob_v to the thread, I must confess that I will be dipping in at those prices tomorrow.



To: Kayaker who wrote (121019)6/26/2002 7:25:57 PM
From: Wyätt Gwyön  Respond to of 152472
 
Didn't require any intervention IMHO

ultimately, we can only exchange opinions on this, because the Fed acts in secrecy. but consider: Japan was down 4%, Germany was down almost 5% before the US open, the clownbuck was off 1%...US markets have been weak lately...this was the best setup since post-9/11 for a crash. and yet the index to which WCOM belongs manages to turn green. while there was obviously some dipster buying, i think there were greater forces at work.

I picked up QCOM at 24.87 and PCS at 3.67.

nice trades. i myself am looking for some long trades of "pro forma" companies which are the favorites of the dipsters, but am holding out for lower prices. i still find shorting by far the easiest way to make money in this market.