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


To: foundation who wrote (88063)11/22/2000 12:25:36 PM
From: Sawtooth  Respond to of 152472
 
"The current election debacle is forcing the investor's hand," remarked Brian Belski, fundamental market strategist at US Bancorp Piper Jaffray.

A weakening economy and earnings growth outlook, combined with a lack of clarity on the election front, is too much for the market to handle at one time, Belski opined.

"This is causing emotional and reactive trading activity, with fewer and fewer stocks immune to action everyday. We have to believe that once the market becomes more rational, it will once again reward those companies that [will] perform fundamentally over the long term," Belski concluded."

I'd like to think so.

..........VVVVVVVVVVV

cbsmarketwatch.com



To: foundation who wrote (88063)11/22/2000 12:41:07 PM
From: Jon Koplik  Read Replies (2) | Respond to of 152472
 
Re : "mutual funds raising cash to meet redemptions" -- yeah, they buy QCOM at $90, and then sell it at $78, one day later.

How'd you think they manage to always underperform the market ?

Jon.