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


To: John Stichnoth who wrote (23374)2/24/1999 4:12:00 PM
From: John Dough  Respond to of 152472
 
We gained back about $1/share in the last few minutes of trading, even though the NASDAQ and DJIA indexes closed very near the low of the day. This, I believe, reflects fear by investors (or traders) that the ERICY deal will be announced after hours, and they'll miss the gap up tomorrow. This should provide support for the next few weeks. Until a deal has been announced, the stock will probably hang around the low 70's.