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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.43

-0.8%

Dec 29 3:59 PM EST

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To: Keith Feral who wrote (20866)	1/6/1999 9:31:00 AM
From: Sawtooth	Read Replies (1) of 152472

<<I saw figures last week that the Korean market was up over 100% since the October lows.>> Hi, Keith. Without checking the data, and you are likely well aware of the concept, one observation, FWIW. I attended a program several weeks back where the speaker was talking about phenomenal 100%, 85%, 112% increases in some of the SE Asian markets. Interestingly, most in the audience did not seem to grasp, and the speaker did not point out, that a 100% increase off the Oct lows remains a hel! of a net hit off the highs, in many cases. Still, if one was lucky enough to time an entry off the lows ... (Looks like Dow is set to open up 80 or 90 points.) Regards.

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