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

To: T L Comiskey who wrote (62498)	1/16/2000 9:42:00 AM
From: Jon Koplik	Respond to of 152472

Re : tech. stocks possibly doing well (again !). On Wall Street Week (2 days ago), one part of the discussion went roughly like this : Louis R. : Some people are worried about how the tech stocks are becoming a larger and larger part of the S&P 500. Do you think it can continue ? Guest : Tech stocks went from being 9% of the S&P 500 (in 1990 (?)) to about 30% right now. But this is not crazy. Your typical technology company is growing every year at about a 15% rate, while your typical old line industrial company has a growth rate of about 0%. We believe that the tech stocks will continue to become an even larger percentage of the value of the S&P 500. ******************* Makes sense to me. It is just arithmetic ... Jon.