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

To: Climber who wrote (81138)	9/21/2000 10:38:07 PM
From: Jacob Snyder	Respond to of 152472

Thanks for that interesting article. Oil prices, like memory chip prices, are a classic delayed-response feedback loop, which creates endless oscillations around an average value. 30$ oil creates the conditions for 10$ oil, which creates the conditions for 30$ oil. Undersupply of chips creates high prices, which creates the conditions that result in new 1B$ fabs being shut down. And, at every peak and trough of the cycle, the news is full of predictions that recent trends will continue in a linear fashion indefinitely. So, when oil was 10$, I read a number of articles that explained (in great detail) why oil was going to 5$ (and staying there forever). I'm going to BUYBUYBUYBUY tomorrow. GoQCOM!!!!!!!!! (see, I can do it to).