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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST
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To: Ramsey Su who wrote (9115)3/8/1998 7:07:00 PM
From: qdog  Read Replies (1) of 152472
 
Welcome back Oh Honorable Permanent Vacationer.

What is holding up the market, MONEY. P/E on the SP 500 is all time high. Then there is sector rotation. Box makers may take a big hit Monday, EVEN Dell. Where will that money go? Oil, say the pundits (all those Chinese itching to drive), drugs say others. It will go back into the market. Maybe the bonds are looking attractive at over 6% again.

Thanks for the China report. Looks like the Chinese government is subsidizing telecom.
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