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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 167.14+1.3%3:33 PM EST
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To: limtex who wrote (39573)9/2/1999 4:31:00 PM
From: Sawtooth  Read Replies (1) of 152472
 
<<I tell you Greenspan and his pals have got it in for the market and they mean to kill it this time. They will not let a rise in the market go unchallenged by someone from the Fed or a governor or Greenspan himself.>>

My theory: Mr. G. and friends are attempting to prevent a Year 2000 panic induced sell-off by bringing the valuations down slowly as we approach year end. One of their concerns is that the usual year end tax-related sales will be misinterpreted by those who are fidgety about Y2k as the long predicted and fear rendering *Year 2000 Market Collapse*, igniting a panic driven stock dump. If the values are lower going into year end, as opposed to hitting new highs, any Y2k panic action will be cushioned, at least partially.

Then, again, it could be something else altogether. ; )
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