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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.32+0.3%3:59 PM EST

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To: MileHigh who wrote (40053)9/8/1999 8:56:00 AM
From: limtex  Read Replies (2) of 152472
 
MH -

Guess who is going to speak today in the subject apparently of the market and high technology?

Yes its your favourite, the one we've all been wating for on this very subject. Now who would like to bet whether his speech is going to be designed to help the market or to bash it?

Let me try to guess the tone. It'll be great from the get go. How fnatastic the technology is how its helped to raise cash for new inventions, created jobs, heped the economy etc etc etc .......and teheeeeeeeen just before he sits down one little itsy bitsy phrase or sentance which goes something like this:

"BUT at the same time as all these wonderul benefits this new phenomenon cannot remove from the financial markets the fundamentals relating to prucdent assets valuations indeed ( he loves the word indeed) in recent months we have seen asset valuations that have surpassed anything that has previously ......etc etc . Sooner or later ...........etc etc"

In other other words ...whack market. Think you can pull a rally like last week and get away with it. Huh I'll show you.

Best regards,

L
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