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

To: straight life who wrote (12781)	7/22/1998 4:28:00 PM
From: JGoren	Respond to of 152472

As far as lack of sobriety, the long-term investors won't be sober. The shorts will be sober and ready for the kill. I am very surprised at today's trading. Up 9-9/16 or 16.61% on a record 11.331 million share day. While it's been a long time coming for those of us who are long-term investors and have seen a few run ups only to see declines as sharp, the company is poised for some really good quarters in the future due to fundamentals. However, I just have to wonder if the stock is not in play. What I would love to know is what is the short interest at the end of the day. How much of the short interest got squeezed out? That's not to say they won't be back tomorrow.