Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: marginmike who wrote (27491)	4/19/1999 6:33:00 PM
From: bdog	Read Replies (2) of 152472

<<Is dow 8000 around the corner? Is the bull on its last leg. These are questions we need to discuss.>> Maybe but I don't see the basis for such a conclusion. Looks like Jeremy Siegel's rehash of the long realized obvious (at least on this thread) respecting internet valuations finally came to be more generally believed simultaneous with Fidelity (and subsequent sheep) selling out of "high valuation" tech stocks into long depressed cyclicals . . . what do they call it market rotation? More likely based on todays action is a stable or flip flopping dow and possibly more of a selloff on Naz until positive earnings from the techs check same. Thats my best guess. Could be grim for us in the short term.

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