Qualcomm Incorporated (QCOM) Message Board

To: Jon Koplik who wrote (51424)	11/22/1999 8:47:00 PM
From: HECTOR RUBERT	Read Replies (1) of 152330

Today I noticed something about Q's price. Every time it hit 364 it seem to run into a brick wall. It only climbed above 364 to 366 once today only to close at 360. If you look at the AOL chart and the QCOM chart they are identical. They both started to run at the same time and reacted the same towards the close. Why? I don't know but it was interesting to watch. However, what is really interesting is that there is a HUGE lineup of SHORTS in the 164-170 price range. I believe that the MM's are intentionally setting up the SHORTS by making Q look weak. I traded in and out all day but held my core shares today...heck if I didn't sell at 328 why would I sell now at 360 with Thanksgiving, Santa, and January effect on the wings? Specially nice is the fact that Q will go thru the January effect post-split, which means that the buying frenzy will prompt the stock strongly into the mid 100's. Just some thoughts..... Hector