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


To: Ramsey Su who wrote (8116)2/6/1998 10:40:00 PM
From: Spartsker  Respond to of 152472
 
Ramsey I remember very well the day QCOM got hammered from 60 to 50 on the Korean jitters. It continued down to a low of 45.75 I think.

In fact from the highs in December the Q has retraced almost 33% (70.9375 to 47.75). Are we at or near the bottom, only time will tell...but a 1/3 devaluation in market cap seems to be a bit overdone.