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


To: 2brasil who wrote (24238)3/15/1999 4:34:00 PM
From: Boplicity  Read Replies (1) | Respond to of 152472
 
Well since you all haven't seen moves like this in some time, I'll remind everyone that on technical bases, once a stock gets to the 90s range 100 is most likely to follow, The 90s are very close. I for one do NOT want to see any news till QCOM reaches the 100s. People buy the potential, once the potential is seen or realized, stocks tend to sell off. The nice thing about reaching 100, is once any pending news is release, and we do in fact have the sell on the fact happen, 100 will be a magnet drawing investors back in if in fact the news offers up potential down the road.

Greg