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


To: Alan Hume who wrote (27348)4/17/1999 2:59:00 PM
From: MileHigh  Respond to of 152472
 
Alan,

As far as QCOM selloff, I think our old friend George (who everyone made fun of) was right in that it was just overbought. The daytraders and quick hitters got in around the 120's or so and took their profits. I don't think it has anything to do with the LT story at all, BWDIK..

The bearish engulfing candlestick on WEDS was the warning. ST it will need to find support and bounce around a bit before moving higher.

I too am learning about QCOM and can add very little to the conversation. I lurk and learn...

RE RMBS, I am out too. Don't even post anymore- too many q's for me as well... I will look at VRTY. I just have this feeling that q's about Y2K are going to hamper the tech's. But again, just one man's opinion...

Regards,

MileHigh

PS- I am going to go drive some balls as I am going to play in PHNX.