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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 9:30 AM EST
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To: Ruffian who wrote (54944)12/18/1999 1:51:00 PM
From: DOUG H  Read Replies (1) of 152472
 
"You've got window dressing on the part of big institutions," he said. They want to
show Qualcomm Inc. (NASDAQ:QCOM), Microsoft Corp. (NASDAQ:MSFT), and
Sun Microsystems Inc. (NASDAQ:SUNW). They want to show those stocks in
their portfolios
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Ruff, this practice of "window dressing" has alternatevly cracked me up and pissed me off. On one hand, it shows why many of these funds perform so poorly when they own a stock like QCOM for a short while just to "show it". And on the other hand, small investors who want to own funds with QCOM/SUNW/MSFT in them to benefit from the gains from those stocks, get crappy performance anyways because the fund just dressed the window with these stocks.
It's because of practices like these that I came to believe as Voltaire and others have described the shenanigans by these racketeers.
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