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To: George Dawson who wrote (17816)12/30/1999 9:40:00 AM
From: Greg h2o  Respond to of 42804
 
i'd say QCOM is the japanes equivalent of buying golf courses in the early 80's for about 20x what they were worth. only to turn around and sell them for pennies on the dollar...



To: George Dawson who wrote (17816)12/30/1999 9:44:00 AM
From: Sector Investor  Read Replies (2) | Respond to of 42804
 
<<They also showed a significant correlation of the graphs of the
NASDAQ and the Japanese market building into 1989.>>

As I recall the NIKKEI peaked in DECEMBER 1989 at around 39,000. I don't think 11,000 on the DOW and 4,000 on the NAZ gets us close to that kind of bubble. Comments?