SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (81123)9/21/2000 9:18:55 PM
From: waverider  Read Replies (1) | Respond to of 152472
 
J...I too smelled this brewing recently as well when MSFT and INTC kept falling and CSCO stalled. The generals are the last to fall. Hopefully this correction will take out the insane fiber guys and we will be back to reality.

But I don't think we will get that big of a sell off...not one that will last long anyway...maybe just long enough to get one order off.

Rick



To: Jacob Snyder who wrote (81123)9/21/2000 9:43:30 PM
From: mightylakers  Respond to of 152472
 
Well said. Exactly what I'm thinking. But tomorrow will still be in bloodbath though:-)



To: Jacob Snyder who wrote (81123)9/21/2000 9:50:12 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 152472
 
This is going to be a buying opportunity not seen since October 1998

So what are y'all thinking of buying? I've got enough QCOM and PALM, what else looks good for a ltb&h?



To: Jacob Snyder who wrote (81123)9/21/2000 10:12:06 PM
From: Climber  Read Replies (1) | Respond to of 152472
 
Interesting take on the oil situation.

cato.org

"No Need to Panic over Oil Prices..."

".... In the meantime, don't worry about another oil-induced recession. Adjusting for inflation, oil prices in 1973 stood at $90 a barrel. So we've got a long ways to go before prices approach those of the 1970s in real terms. Moreover, the economy is far less vulnerable to oil-price shocks today. Whereas 9 percent of the GDP was spent on oil in the 1970s, only 3 percent is so spent today. Oil prices are simply unable to wreak the amount of havoc in today's economy that they could in the economy of 20 years ago. "

Climber



To: Jacob Snyder who wrote (81123)9/22/2000 3:54:00 AM
From: 16yearcycle  Read Replies (1) | Respond to of 152472
 
"Just at the time the reasons to fear are ebbing, the fear peaks. This is going to be a buying opportunity not seen since October 1998"

J, did you catch the 1998 bottom? I can't remember.



To: Jacob Snyder who wrote (81123)9/22/2000 4:27:19 AM
From: 16yearcycle  Read Replies (2) | Respond to of 152472
 
Buy more wcom, if you have the dough. What an amazing price.