Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.20

-3.3%

Nov 6 3:59 PM EST

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To: RocketMan who wrote (68680)	3/8/2000 1:02:00 AM
From: Dwight E. Karlsen	Read Replies (1) of 152472

average Naz stock down.... How do you figure? The Nasdaq Composite, consisting of ~4,877 issues, was up ~86% last year, and is up this year so far to-date ~20%. That's in the first 2 months and 5 trading days, or an annualized gain of ~120%. Furthermore, the NYSE trades ~3,489 stocks, which is 1,388 less issues than the Nasdaq. The bottom line for A. Greenspan is that there is such a thing as too much of a good thing. Some people actually believe that speculative bubbles never end well. But all they have to go by is the history of the world, so maybe they don't know that in this grand new era, speculative bubbles can go on forever, with no ill effects.

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