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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.690.0%Dec 24 12:59 PM EST

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To: dwayanu who wrote (55354)12/21/1999 2:33:00 AM
From: DaYooper  Read Replies (1) of 152472
 
Wow Dway, That was a great analysis. And I was with you most of the way. Totally agree on the reason for the great volatility we live with today:

all you have to do is take the old model and alter the human element a little, by making greed and fear expectations change more often.

From now to forever we'll have more information to process and act upon. And as V constantly reminds us, the powers will use every bit of it to their advantage.

But I think the real question 'at large' is whether valuation models will some day revert back to the mean. And, in the long run, simply altering investors' greed and fear expectations will not support new metrics.

Do you believe differently? If so why?

If not, then what will support these new valuations?

p.s. I'm hoping you're right, of course:)
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