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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.54+0.4%Nov 10 3:59 PM EST

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To: Uncle Frank who wrote (94766)2/28/2001 1:07:38 AM
From: Skeeter Bug  Read Replies (2) of 152472
 
uncle frank and all: ya'll may remember me screaming that qcom and the markets had hit insanity levels early in 2000. i'm the only bear who shows up when stock prices go up ;-)

btw, i wouldn't sell qcom if i owned it now. it looks much more reasonably priced ;-) my friend is regretting not chucking this wagon back in 1/2000. live and learn... i *know* i have ;-)

anyway, ya'll have alan.com wrong. you should have been mad back when i was scewering the sob for inflating a bubble of never before seen magnitude by pumping the economy full of double digit money supply growth and *massive* amounts of debt.

the bottom line is that bubbleS *never* last forever. alan.com fudged productivity numbers to fool the masses into believing in a phony "new economy" while he saturated money supply and appeased even the largest appetites for debt. (why does money supply and debt have to BALLOON to make the "new economy" move? is it b/c THERE IS NO NEW ECONOMY? YES!).

anyway, best of luck falling out of the airplane... but the ascent was awful fun, wasn't it? i didn't get on the tech wreck plane *precisely* b/c i knew it would crash.

it *always* does.
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