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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 161.13-3.0%1:52 PM EST

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To: Voltaire who wrote (46073)10/25/1999 7:21:00 PM
From: limtex  Read Replies (1) of 152472
 
Vol -

Anyone noticed a new phrase that has just been created and now appears almost daily from the Bond Babe..."Asset Price Inflation". ...meaning the market has gone up!

I've been thinking about that phrase...what on Earth does it mean?

I saw her a bit upset by the guest on this mornings squak box because he didn't agree with her analysis that the end is nigh. Then that expression again....Asset Price Inflation.

When you start to think of that expression in conection with the stock market it sort of sounds like....well the Red Sox look like they're going to score too much and their scores should be kept low by making the team wear lead weights around their ankles.

Or when Barrons next list the top performing funds they can disqualify some of them due to Asset Price Inflation.

Best regards,

L
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