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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: SpudFarmer who wrote (53489)12/10/1999 3:40:00 PM
From: jmanvegas  Read Replies (1) of 152472
 
Spudman: It's good to be nervous, to question everything, to look over your shoulder, to doubt, to disbelieve. It's not that anyone here is letting go of his shares. But when I see a $100B market cap for YHOO with only $200M in sales, it gets one to ask "Holy Batman" - what is going on here. YHOO is now approximately $35B bigger than QCOM. Can you fathom that? I can't. There is a new paradigm in valuing everything and although we are all running with the bulls and making serious money, you gotta step back and say what the hell is going on. Would you fork over $100B in cash to buy $200M in sales? No one can - no one. The only ones who can would do it with inflated stock currencies. So caution is imperative although we are probably going a lot higher in the tech sector.

jmanvegas
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