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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.02+0.6%1:19 PM EST

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To: Ruffian who wrote (58977)1/2/2000 11:43:00 PM
From: LindyBill  Read Replies (2) of 152472
 
Ruff, I keep getting PM's asking me for my opinion on where Q will go this month. I give them all the same answer:

NOBODY KNOWS!

The negative is that we have had this enormous run up, We will get tax sell off, and their should be a 20% correction. (I notice that the posters always come up with 20%, not 15% or 25%.)

The positive is that one hell of a lot of 401 money is going to be put into the market between now and tax time, Q's split makes it look cheap, there is a drumroll going for Q, and we are now getting the "Bandwagon" effect.

After weighing the above, My considered opinion is:

NOBODY KNOWS! :0)
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