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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: Art Bechhoefer who wrote (123200)8/14/2002 8:17:52 PM
From: Maurice Winn  Read Replies (3) of 152472
 
<I don't see much likelihood of an increase in demand for credit. Maybe foreign demand for U.S. dollar denominated securities, but scarcely anything else. >

Well, noblesse oblige and all that, I guess that means I'm going to have to be the borrower of last resort to buy the shares as buyer of last resort [at a suitable time yet to be determined when there is serious whining and moans from people desperate to unload their beaten down stocks at any price to somebody please].

A bit lower and things will look tempting. I guess another 6 months or year of market clearing will see things more orderly and priced to really sell and get things back on the straight and narrow [not that they ever actually are normal or straight and narrow or on the rails - markets are a lifetime of chaos theory writ large with the added fun of maniacal chimpoids clicking mice depending on the greed/fear balance on the day].

Mqurice
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