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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.96+1.4%Nov 11 3:59 PM EST

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To: Wyätt Gwyön who wrote (121890)7/21/2002 6:20:32 PM
From: carranza2  Read Replies (1) of 152472
 
Good move, mucho.

Despite the corporate shenanigans, most corporations are honest and have good auditors. The bad ones will naturally get the media attention and therefore influence events out of proportion to their significance.

Interest rates are low, productivity is good, unemployment is not bad, exports will be stimulated by the falling dollar resulting in a better trade deficit just as imports fall, etc., etc., in a word, the fundamentals are good. The market is lousy because it got ahead of itself.

Don't be surprised if tomorrow's trading results in a huge move up. The present irrationality presents a lot of opportunities. Going long now is a good way to take advantage of them.

C2@5%cashintoequitiesisn'tinvestingit'stiddlywinks.com
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