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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: Dale Baker who wrote (2583)1/26/2000 5:02:00 PM
From: EL KABONG!!!  Read Replies (3) of 3543
 
Okay guys... Enough of the personal insults... Let's talk about market happenings today...

Let's see... Qualcomm reports and the stock gets trashed today... Is this just temporary (in other words, a buying opportunity) or is this perhaps the beginning of a downward trend for this stock as it seeks a price level proportional to earnings expectations?

Dell just reported... Expectations were for 22 cents; whisper number was rumored to be 24 cents... Actual results were 15 cents plus a 1 cent extraordinary gain. DELL is still halted as I write. Last trade was at $37 and change. What might we expect to see tomorrow in DELL? My gut feeling is that we'll see investor overreaction to the bad news and DELL might trade as low as the high $20s or low $30s tomorrow. I see a possible buying opportunity here. Anyone agree? Disagree? Why?

KJC
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