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

To: Uncle Frank who wrote (70497)	4/13/2000 7:44:00 PM
From: limtex	Respond to of 152472

My dear, wise, hope giving, old friend UF, My sincerest appologies for not having requested one of your valium PMs. I just forgot to PM you as I ahve ddone on many occasions in the past and have been comforted. LT yes - margin no - but this is the worst I have ever seen. I guess the record lows, three or four of the NAZ worst ever drops in the last two or three weeks. That should be telling us something. And the Q well OK it does have have much better IPR than probably SUNW but I can't help but think that even if we get a good announcement at the street estimates, which itself is going to be a miracle given the comments at the CC last time ( remember....."sort of slump" .....just imagine what will happen this time if he uses language like that)that the stock price will slump and slump big time at that. Did you hear some of the comments from the SUNW CC? They used language like they blew away their competition and that business has never been better and great outlook and.......after teh CC stock still down lower than the open this morning. That is very bad reaction in my view and indicative that no-one wants to buy stocks..plain and simple. We've got to go much much lower to get people interested again and juices goign. Just think how many people have been making fortunes by buying puts anywhere you like in this market. Just take a dart board and paste a copy of the NAZ from WSJ on it take a few darts throw them and buy puts on every stock that a dart hits. It has been that easy that ven I'm thinking about it now. There must be tens of thousands doing it and each one feeds another. Best regards, L