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


To: Pancho Villa who wrote (7993)2/5/1998 8:02:00 PM
From: Ramsey Su  Read Replies (3) | Respond to of 152472
 
Pancho,

you know most of us are long term bulls but even the strongest bull needs to take a break once in a while.

Hate to bore everyone with SEA again but QCOM may be leading the HIT parade. Looking at overnight globex and Asian markets, as logic would dictate, QCOM does not have to muscle to move any market. I am not sure if it will even move the likes of ANDW, TLAB, not to mention ERICY, MOT and NOK.A.

Thinking out loud, it may be better to take advantage of this forewarning to evaluate holdings and realign open positions. I find it inconceivable that QCOM is the only contract cancellation from Korea. Whose head is next on the chopping block?

Ramsey