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

To: Art Bechhoefer who wrote (129366)	5/28/2003 11:58:36 AM
From: verdad	Respond to of 152472

Then why is QCOM often RED when the rest of the market is green? Seems like there might exist old guard, blue chip stocks to play the re-election campaign window dressing game with. Meanwhile, there could be some political reasons why QCOM suddenly gets a haircut (despite the re-election), where as the other, more established GOP type stocks might not have this risk attached to them.

To: Art Bechhoefer who wrote (129366)	5/28/2003 12:33:39 PM
From: limtex	Read Replies (3) \| Respond to of 152472

Art - I think the market has just had it with the Q. They have had a bellyfull of great results followed by a declining stock price. Recently the slaggers have been putting out their negativity almost daily indeed it has almost got to be a joke as you wake up to find yet another bit of commercial news that is being spun badly or alternatively a simple old downgrade. Its not Qs fault it is just that Q is a short/hedgie favourite. IMHO the insider selling isn't particualalry helpful either. anyway here we are in the middle of a huge rally and Q is struggling. Heaven forbid the market pulls back and then it'll have a 2 in front of it. It is in a down ratchet today ie anytime the market slows a little Q drops if the market climbs Q stays where it is wating for the next drop. The shorts have done a real job on the Q and imho it is going to take a miracle to make it recover. If they made $2 eps I would worry now that the martk will simply adjust the P/E downward. The dream is over imho. Best, L