Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.03

+1.0%

Nov 24 3:59 PM EST

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To: freeus who wrote (45150)	10/18/1999 11:40:00 AM
From: Jim Willie CB	Read Replies (3) of 152472

on techs and bubble I repeat Galvin's point that capital has been undergoing a colossal exodus toward money markets in the last several months that the average NYSE stock is down 25% off yearly high, and avg S&P100 stock is down 17% that Return on Equity for Dow Jones Industrials is nearly double what it was in the 1980's that we are deeply oversold now I suspect tech companies are the largest contributor to improvements in ROE bear this fact in mind: 95% of those who speak of "bubbles" dont know what the fxxx they are talking about, and provide ashamedly insufficient information to back up their claims... they typically dont mention growth, productivity, internet developmts, faster inventory cycles, return on equity, capital equipmt investments... Jeez Loueez what shallow evidence did this numbnut offer besides percent of S&P market cap? we are in the midst of an unprecedented period when babyboomers like me and you are in their peak earning years... this will continue until the years 2010 or 2015... join it and prosper, or watch it and complain bitterly later / Jim

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