The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 174.80

+0.3%

Dec 5 9:30 AM EST

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To: Ramsey Su who wrote (4697)	12/31/1999 7:19:00 AM
From: limtex	Read Replies (1) of 13582

RS - Firstly Happy and Healthy New year to you. I hope you will allow me one non-tech post on this last day of the year. Great piece from your shy friend. Anyone interested in the Q in any way, investing, comentating etc should take a good look a the netcast on HDR. It points to awsome prospects for the Q over the next few years. The issue has never been the Q or its prospects but the market and on Monday it seems to me we will be hearing form Mr Greenspan again but this time no mr niceguy. He has been holed up in his bunker over the last coupple of weeks and the silence has been deafening and the NAZ and the DOW have marched on upwards. My guess is that he will hit the ground running on Monday after the non-event of Y2K is out of the way and he will take no prisoners. The talking head bears will be out on CNBC in full battle dress and the talk will be of the long bond at 7.5% and Fed increases as far as the eye can see until the current feeling of prosperity has been well and truly crushed. Not that they will try and smash the economy of course, just the feel-good feeling and introduce 'a little' unemployment. Not that there is anything wrong with the economy that particularly needs any fixing either. The issue is just the growth in the market and in particular a certain relatively few stocks that have made a complete nonsense of many of the old industry dow and S&P stocks even to the point of questioning whether these companies might not be better suited were they not to be publicy quoted any longer. Mr G and his advisors IMHO will be out there to protect investors from what they consider to be an overvalued market. Best regards, L

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