Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 3:59 PM EST

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To: DaveMG who wrote (14306)	8/30/1998 2:11:00 PM
From: limtex	Read Replies (1) of 152472

DMG - I suppose other have already said this but it seems to me that there is no possibility of any recovery unless and until there is a real recovery in Japan. Until that happy day in my view there is simply not enough inertia to stop the selling arising from the daily stream of what has been bad news but not really bad economic news for the US economy. One thing is however crystal clear and that is that investors and fund mangers are collectively scared stiff and getting more scared by each of these bad news annoucnements and in those circumstances who in his right mind is going to buy stocks. No-one, and what happens to the markets when there are no buyers? On a practical note does anyone know where on the web we can find figures of cash going into stocks and cash being withdrawn from Mutual Funds. That would be really useful and would if it was up to date tell us quite a bit. Regards, L

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