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

To: qdog who wrote (6077)	12/10/1997 12:16:00 AM
From: Spartsker	Respond to of 152472

ORCL It is amazing to see one company's stock trade 170,000,000. However the stock opened at 23-1/8 and closed at 22-15/16, with a high around 24 and the low 22 and change. We did not have large swing through out the day and you continued to have buyers for the stock. I am expecting a bounce back to the 25 to 26 range. But back to QCOM. We bounced down hard from 70 again... Are we topping out until the hoped for earnings. I had planned to sell January covered calls 1/2 at 70 and the other 1/2 at 75 but pulled the order at the last minute yesterday thinking we would hold at 70 and trickle up to 75 or better, greed is a terrible thing. These 3 and 4 point swings are getting a little nerve racking. I would hate to see three or four down days in a row and see the stock in the 50's again.