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


To: Uncle Frank who wrote (94766)2/27/2001 11:36:21 PM
From: samim anbarcioglu  Respond to of 152472
 
Frank, I think you are right, the author of that letter could have been more articulate and less trying to vent his frustration with the fed. I signed it anyway, you probably noted that. I am not offering or suggesting that particular letter to be a SI letter to the fed, I agree with you that it doesn't do the job. But for me it felt good to sign it, because I also agree with you that "his actions over the past year bring to mind a drunken bus driver lurching from curb to curb, and I've begun to fear that he is groping for an answer that may not be available based on his economic groundings."
sa



To: Uncle Frank who wrote (94766)2/28/2001 1:07:38 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 152472
 
uncle frank and all: ya'll may remember me screaming that qcom and the markets had hit insanity levels early in 2000. i'm the only bear who shows up when stock prices go up ;-)

btw, i wouldn't sell qcom if i owned it now. it looks much more reasonably priced ;-) my friend is regretting not chucking this wagon back in 1/2000. live and learn... i *know* i have ;-)

anyway, ya'll have alan.com wrong. you should have been mad back when i was scewering the sob for inflating a bubble of never before seen magnitude by pumping the economy full of double digit money supply growth and *massive* amounts of debt.

the bottom line is that bubbleS *never* last forever. alan.com fudged productivity numbers to fool the masses into believing in a phony "new economy" while he saturated money supply and appeased even the largest appetites for debt. (why does money supply and debt have to BALLOON to make the "new economy" move? is it b/c THERE IS NO NEW ECONOMY? YES!).

anyway, best of luck falling out of the airplane... but the ascent was awful fun, wasn't it? i didn't get on the tech wreck plane *precisely* b/c i knew it would crash.

it *always* does.