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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 154.53-0.8%3:59 PM EST

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To: Jon Koplik who wrote (119439)5/29/2002 9:25:23 AM
From: marginmike  Read Replies (1) of 152472
 
Jon if someone told you the Qcom story in 1997 it took them a whille to be right. I agree I may be wrong, but as for now I find very few stocks to justify purchase. NVLS has 100PE INTC 60pe kO 35. I see no way the uS markets get much traction with valuations as ridiculously high as they are. I would also say that in 1980-82 someone could have made the same arguement about equities that you make about your experience in GOLD. In any case I have lots of room to be wrong having gotten in early.
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