Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: bananawind who wrote (11397)	6/11/1998 2:38:00 PM
From: limtex	Read Replies (2) of 152472

Jim and all - Well here we are again in our natural home in the $40's. This time I don't suppose it matters because its lookingmore and more likely that China is going to devalue and that sorry for the use of the expression is the Mother of All Devaluations. The day that China devalues is the day that many peoples retirement plans go right out of the window as the market will be finished as any kind of investment for a long time. How long ...well the last time we had a world class crash in 1929 it took about 40 years to get back to evens on purchasing power. True there was WWll but still the time scale today would be in decades rather than years. All the markets were waiting for was for me to get in and now they've got the signal to drop!!!! Sat goodbye to the Bull everyone the Bear is here and he's hungry and its going to get very very cold. Going off to find a cave thats been vacated. L

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