Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.07

-1.0%

3:59 PM EST

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To: Jon Koplik who wrote (11973)	7/2/1998 8:16:00 PM
From: Clarksterh	Read Replies (1) of 152472

Re - I guess it [Yahoo!] is perceived (by some) as having as much potential as what CBS turned into after many decades. Maybe that is the reason, but a better guess (IMO) for the recent rise is the 'its hot' phenomenon. If you asked most of the buyers of the shares currently being traded how long they intended to hold it the answer would probably be a few weeks. The perfect definition of a bubble. Note that this is not a claim of imminent collapse; it often takes a pin to bust a bubble, and pins are hard to predict (just ask anybody in Asia). Clark

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