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


To: limtex who wrote (22534)2/5/1999 11:42:00 AM
From: marginmike  Read Replies (1) | Respond to of 152472
 
I think what's happened is that people are rotating into traditional strong economy stocks. The oil's and Boing are up and big overvalued Tech is down. I think this is healthy and hope the Nasdaq drops another 200 Points. I think the Q is a value play, and value play's like Oil, like BA are doing OK. There are stock's growing at 10% trading at 50-100PE's it's idiotic. I think the reality is returning(I hope 0 to the market. As for the Q price action: I am amazed as I watch the stock being accumulated. The big boys are waiting for drops then come in with big buys. They let it drift and hit it again!