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


To: Ruffian who wrote (26297)4/6/1999 4:21:00 PM
From: John Dough  Read Replies (1) | Respond to of 152472
 
It's good to see all of the buyers that stepped in after the brief sell-off today. The decline was probably aggravated by stop loss orders. We recovered almost $6 from the low, in the last half hour of trading.

It shakes out some of the short-termers and confirms that the stock is still very much in demand, and under accumulation.

I believe that if there is a major market correction, we'll see a similar rapid recovery of the Q. I've seen it before in the "Darlings of Wall Street", such as DELL and CSCO.

Regards,

Mark



To: Ruffian who wrote (26297)4/6/1999 4:31:00 PM
From: George Gotch  Respond to of 152472
 
Actually you do if he is losing! lol
I am just in the wrong thread. Should be in the day to day movement area rather than
in the long-term fundamental's area.



To: Ruffian who wrote (26297)4/6/1999 4:59:00 PM
From: limtex  Read Replies (3) | Respond to of 152472
 
mp -

Goodness what a change in the thread in the last few days. All these new guys some of whom don't even seem to see the Q as a company and as for its technology ....well. Old timers have got a bit frustrated from time to time but never stopped being totally enamoured with the company and its technology but some of these new guys ...well really...

Still I guess thats the inevitable consequence of the Q starting to do what we always have known it could do and what would happen when the market realized what the Q is.

Best regards,

L