Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: JScurci who wrote (11937)	7/1/1998 1:05:00 PM
From: Ramsey Su	Read Replies (2) of 152472

John, are you suggesting that the market is not totally efficient, magically adjusting the value of each company in reaction to each minute change? are you suggesting that current market cap vaporinternet companies like YHOO, XCIT, AMZN, LCOS, ATHM are not worth more than the entire GDP of 40 3rd world countries? the liquidity is absolutely amazing. Just like when the real estate value of Toyko exceeded that of the entire United States, something had to give. The total disregard of fundamentals is scary enough to keep long term investors awake at night. Fortunately for me, I have exchanged all my assets into seashells. You hear it here first, we are heading toward a sea shell backed currency in the near future. Ramsey

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