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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Morgan Drake who wrote (34369)	7/9/1999 12:44:00 AM
From: Uncle Frank	Read Replies (1) \| Respond to of 152472

Morgan, not to be a wet blanket but Additionally, because Q is growing at 40%-50%, while the S&P500 is growing at less than half that pace, Q's market cap will be growing at twice the rate of the S&P500 as a whole. Thus, since the S&P500 is a market cap weighted index, institutional buying of Q will be at an ever increasing rate, just to stay in synch with the Index. doesn't compute. If they buy at today's weight, it will adjust itself over time without any additional buying. But what the hell <g>. FranQ