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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.24-2.4%Jan 13 3:59 PM EST

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To: RalphCramden who wrote (31167)5/27/1999 12:42:00 PM
From: Cosmo Daisey  Read Replies (1) of 152472
 
Tech Wreck is over. Today on CNBC the guest analyst are unknown from obscure funds. They are saying its time to sell tech and invest in the cyclicals. These announcements are made AFTER they have made the move, not before. Motley Fool tells us that 90% of the funds returns don't match the indexes. The guests on CNBC today are the people the Fools are talking about. Yesterday was the tech LOW
When the lowest performing managers finally catch on its usually the signal to trade against them. There is no one left to sell.
Cosmo
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