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

To: J. Kerner who wrote (8067)	2/6/1998 3:09:00 PM
From: Candle stick	Read Replies (1) \| Respond to of 152472

Hi everybody, just a quick analogy, I dont plan on spending a lot of time here........CYMI several months ago reported a similar problem as QCOM, with regards to order "pushouts"....the stock was 50. It quickly fell to 14 (fourteen!).....it took several months for it to stabilize at those levels......QCOM looks much the same to me. Today is just the start...the momentum players will flee like QCOM has the plague and they will probably drive it down by at least 50%.....thats my 2 cents ....best of luck, and for the record I sold QCOM short today.....after what I saw in CYMI, short seems to be the only short term option............;^)