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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 154.12-3.3%Jan 20 3:59 PM EST
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To: Peter J Hudson who wrote (113143)2/13/2002 12:22:15 PM
From: sea_biscuit  Read Replies (2) of 152472
 
If you believe history will repeat itself the next bubble is on its way.

Of course. As long as capitalism exists, bubbles happen. But the next bubble is not around the corner. If you are in the mid-30's or late 30's, chances are that you won't be around to see it... :-(

I heard Jim Grant once say that in the world of finance, all kinds of theories exist, but there is only one eternal truth, and that is -- the people always overdo it. They get too confident at the top, and too despondent at the bottom. That one is not gonna change.
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