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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.54+0.4%3:59 PM EST

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To: Sawtooth who wrote (27438)4/19/1999 11:53:00 AM
From: limtex  Read Replies (1) of 152472
 
Tim -

Well put. Thats just how Gregg would have put it.

The problem as I see it after this nonsense of buying Kodak and other has beens is that when these ex-growth stocks come with results next Q and thereafter of even later this week or next week and those that have bought get the same feeling as you would if you woke up in the morning and found that you had married Monica the night before. Then those buyers are going to feel very sore and then the whole market will tank ( pls not that I don't use the expression 'correction' since in my view a drop in the market is exactly the opposite of a correction and it is therefore a mistake) so if the market makes a 'mistake' and drops then the techs will go as well and will lose all the nice progress made this year!

Best regards,

L
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