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


To: marginmike who wrote (19601)12/12/1998 12:37:00 AM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
Margin, Did you sell a Van Gogh Tonite?

All The Best,

Michael



To: marginmike who wrote (19601)12/12/1998 3:37:00 PM
From: Jon Koplik  Read Replies (2) | Respond to of 152472
 
Jason - regarding : We are ready for prime time folks!

I sure hope that our favorite stock does not do what my favorite futures contract (Eurodollar CD's) often seems to do.

Which is ... just when it seems near 100% certain that the Euros will move in a certain direction (due to many indicators going the correct direction (things like commodity prices, bank stock index, credit (quality) spreads, foreign exchange rates, just to name a few)), then those are the times when the market proceeds to go the wrong way HUGE.

And then, it usually comes back (very fast).

My theory has always been that somehow things have to transpire so as to "separate people from their positions." And nothing works better than a big move the wrong direction after a lot of fundamentals have all set up.

So, if everything is going great for Qualcomm, I am real worried that NOW we will see a HUGE (temporary) down move.

Jon.