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: Jim Willie CB who wrote (112031)	2/2/2002 4:13:35 AM
From: limtex	Read Replies (1) of 152472

JW - Capitalism simply doesn't work in deflation. All the postings in the last week or so about continuing the retest of lows for the rest of the year and the latest rash of postings about the Gold price are simply manifestations of the gradual realization that has taken place since INTC earnings were announced that there is NO RECOVERY IN SIGHT. Talk of 2H recovery is beginning to remind people that that was last years story and incredibly it is being trotted out again this year. No recovery this year means a continuation of the bear market and we all now know what that is. Believe it or not they are still talking about recovery. What major company sees a recovery, INTC, MSFT? Who? Watch for the pop after for an upgrade and then sell like hell. Best, L

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