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

To: 16yearcycle who wrote (65219)	1/30/2000 2:51:00 PM
From: Tom Kearney	Read Replies (2) \| Respond to of 152472

Here's the 387 - quote.yahoo.com Abelson is the biggest jerk in the world, but he creates such great opportunities for us! If we anticipate the volitility - and we ought to - it just provides more good places to get in. We can buy almost fearlessly into Q on the downside with the confidence that it will return to it's true value. We can even buy puts as it is going down, because we realize that in fact, the story is subtle, and the average Wall Street guy, who secretely wishes tech would go away so he could concentrate on bonds and gold, isn't gonna get it till it smacks him in the face. His research ends after reading the PE column in the journal. The 387 remark shows Abelson's total lack of understanding, and he is spreading his ignorance to the world. Thank you, thank you Alan! BTW, I predicted this in #64923. ;-)))

To: 16yearcycle who wrote (65219)	1/30/2000 7:15:00 PM
From: MileHigh	Read Replies (2) \| Respond to of 152472

Gene, Here is some more confusion. Now QCOM is warning about the future, you know, their whole future as we know it, it is now questionable! LOL!! Sunday January 30, 2:27 pm Eastern Time WALL ST WEEK AHEAD - Groundhog Day is D-day for rates By Eric Wahlgren NEW YORK, Jan 30 (Reuters) - The big question on Wall Street this week: Will inflation czar Federal Reserve Chairman Alan Greenspan see his shadow on Groundhog Day? With a key meeting on interest rates ending on the day honoring the buck-toothed harbinger of winter's duration, stock investors may get an idea of just how long the chill will last in terms of borrowing-cost hikes. A consensus has emerged among Wall Streeters that the central bank's rate-setting committee on Wednesday will opt only for a mellow quarter of a percentage point increase to cool the sizzling U.S. economy. <SNIP> The technology-rich Nasdaq composite index (^IXIC - news), meanwhile, ended down about 347 points for the week at 3,887.07, placing it also more than 8 percent off its closing high of 4,235.40 of Jan. 21. By Thursday of last week, 66 percent of the 291 companies in the 500-strong S&P index that have reported so far had topped Wall Street's expectations. But warnings about the future from Nasdaq stars such as a Dell Computer Corp. (NasdaqNM:DELL - news) and Qualcomm Inc. (NasdaqNM:QCOM - news) have cast some doubt on the sky-high valuations of technology companies.