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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 178.28-1.7%3:59 PM EST
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To: Ramsey Su who wrote (6378)12/14/1997 10:29:00 AM
From: qdog  Read Replies (1) of 152472
 
Years preceeding 87 were more than single digits. 87 crash had little to do with S&L's. More to do with Fed raising rates, Reagan being question on ability to lead and Baker comments about the dollar. Investor ran the market up to nosebleed levels and got burnt short term.
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