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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%3:59 PM EST

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To: Voltaire who wrote (45081)10/18/1999 3:09:00 PM
From: paulmcg0  Read Replies (1) of 152472
 
People forget that the price of a stock is an arbitrary value, that is only based on what people are willing to buy or sell a stock for, at a given time. It is a "social construct" (see the works of philospher John Searle) and not a real, measurable thing, like the law of gravitation. Right now, people are starting to panic, and stock prices are going down. Take a look at #reply-11627449 and #reply-11627089 to see what people are doing right now - you might also want to put QCOM into that link to see that more people want to sell than buy, and the prices that people want to sell QCOM at are out of line with the market.
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