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

To: appro who wrote (6308)12/12/1997 4:30:00 PM
From: Richard Monge  Read Replies (1) | Respond to of 152472
 
I agree, wait there may be more bad news comming



To: appro who wrote (6308)12/12/1997 4:30:00 PM
From: Mike I.  Read Replies (1) | Respond to of 152472
 
I feel pretty confident that QCOM has found a bottom here. It hasn't gone any lower in at least a half an hour. Go QCOM!



To: appro who wrote (6308)12/12/1997 4:35:00 PM
From: Ardner Cheshire, Jr.  Read Replies (2) | Respond to of 152472
 
Peter, I agree with appro. In my experience, once a stock crashes and burns, as Q did today, it does not move higher for quite some time. Usually, in a day or two you get a bounce to the upside, followed by a series of selloffs to the downside. Wait and let things settle down. The "tape" will tell you when it is relatively safe to buy.


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