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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%3:59 PM EST

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To: limtex who wrote (27508)4/19/1999 8:44:00 PM
From: Ingenious  Read Replies (4) of 152472
 
Beggining of the end?? This correction/drop is good news. All the profit takers (read short termers) are selling. This will create the base that should have been formed on the way up. This hiccup can only lead to more growth and stability. Does that mean P/E ratios of 500 are justified? All loss and no earnings justified? No! Thus, be selective and look for earnings. (AOL unlike other stocks really has earnings and will have some incredible business in the next couple of years. As for CMGI and other stock I am not so sure!)
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