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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: kech who wrote (28241)10/29/2002 8:42:12 AM
From: Michael Allard  Read Replies (1) | Respond to of 197315
 
I think the $34 was a "blip". (not that it couldn't trade at $34 today).

Funny how CNBC responds to what is a technical "blip" of a trade with a "story" as to why the stock is off $1.40 in "pre-market trading". How credible are these guys as reporters? They are right to report the stock at $34, which is what their data showed at the time, but then they must search for or "make up" the reason.