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


To: gdichaz who wrote (17829)11/5/1998 10:47:00 AM
From: DaveMG  Read Replies (2) | Respond to of 152472
 
Chaz,

Funny how yesterday the stock got no help from the "news", and yet today up in a down mkt. As usual, the "all knowing" mkt is clueless, veering one way and then the other. Has to make one laugh at the Random Walk Theory, the idea that all known info is immediately reflected in the price of a security.

The JV announcement was apparently supposed to take place at Q headquarters but has been moved to Seattle because of MSFT scheduling conflicts, according to one of the pieces.. Interesting that Q felt the symbolism was important enough to mention the change of venue. It was supposed to look like MSFT coming to Q. Now the tables have been turned. Hope this is no Omen..

DMG