Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: Pierre who wrote (71485)	5/4/2000 4:22:00 PM
From: jmanvegas	Read Replies (1) of 152472

Pierre: I hope the Fed goes 50 points, then follows up with another 25 to 50 in June. Let's get this interest rate crap out of the way, the quicker the better for the markets to truly bottom where sustained rallies can be relied upon by investors in a renewed bull leg. Otherwise, we're in for a slow grinding away at core asset values dampening investor enthusiasm, slowed down money flows into mutual funds, and a 2-way trading range in which very nimble traders only make the money. IMHO, the institutions have been and will continue to trade the heck out of this market. The markets must get the Fed out of the way - period. Big money will be made in the 4th quarter of this year. I believe there will be plenty of opportunity to accumulate your favorite stocks over the next several months for a year-end explosive rally. As we have seen in the past, it doesn't take much to take the markets either up or down in huge moves that occur over short periods of time. jmanvegas

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