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

To: JGoren who wrote (30405)	5/20/1999 12:23:00 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

H&Q seem to have taken a short position... what garbage... did I read correctly, looking for a loss this qtr?... their brains have become subordinated to their wallets, open pockets, and perhaps nether regions sorry for format ugliness... home PC sucks not much earthshaking to report on Q technicals... shows oversold signs... money flow is still robust... down moves are with lower volume... 100 may serve as line in sand for defense... often 10,20,100 serve as psych barriers in defense... intraday RSI looks good... gotta say Q is trading in lockstep with Nasdaq Composite, which is providing leadership... each of last four turns has followed the NasComp Nasdaq Comp is showing a nice strong bullish inverted triangle... if "relief rally" from no rate hike is ignited, look for Nasdaq Comp to shoot 200 points over current ceiling of 2600 up to 2800... now at 2570... that will blaze a path for theQ to ramble upward to new highs for sure... Nasdaq money flow is also still robust... this is a powerful market nowadays recently you guys have a good handle on what is pushing theQ around... impressed... lack of news is possible... interest rates big big negative... good news on rate chart (like a stock: TYX)... shows some RSI weakness... looks like 5.9% is a top to me... cannot see hitting 6.0% in nearterm... who knows? ... TYX fell back in big way late today to 5.8% ... still maintain shorting TYX or going long bond futures for those sporting major kayones... still many tame inflation factors out there, as Caxton adeptly listed in his fine rant... rates are hurting growth stocks the most I maintain almost every single US recession since Kennedy has been caused by the Federal Reserve tightening for a 3rd, 4th, 5th punch after the bond market had already provided the 1-2 punch... the "punch" is not the punch bowl, but hitting an economy when it has been down... check the econhistory books... the major reason for the long economic expansion cycle is Fed leaving the market to its own builtin control devices... Greenspan has raised FedFunds after the shortend of the bond market raised rates almost every time... AG is the tail, market is the dog, which is AG's secret to success beware of late June correction after and if we get a relief rally post no rate hike... a tired bull is now dealing with 70 basis point higher rates since Feb99 wind from a technical sharecropper, jim

To: JGoren who wrote (30405)	5/20/1999 12:25:00 AM
From: Morgan Drake	Read Replies (1) \| Respond to of 152472

Seems strange to me that they would edit out the tail end piece if it changed the whole demeanor of the article. I would be willing to bet that somebody paid these guys to tank the stock via their column. Shorts or Option guys. Take your pick. I'm betting it was the option guys. (So far I'm down about $460K as a result of the stock drop which I attribute to the WSJ article [very long a lot of calls].) Legal Disclaimer: Just my opinion. Further, I am not in possession of any other materials which could be deemed factual upon which I am basing this opinion, and which I am withholding herewith.