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

To: Skeeter Bug who wrote (95067)	3/2/2001 1:50:50 AM
From: puzzlecraft	Read Replies (2) \| Respond to of 152472

Well I'm old enough to have worked before 401K's and am in fact vested, and the "pension" % wasn't remotely close to the max amount allowed in 401K's which came IN ADDITION to the vesting at the time. Anyway you have made your point, be that is it may. As to the manic bubble, IMO, the frothy aspect is almost completely unwound - a lot of the bubbles have already popped - gone, nothing left to pop - the INSPs which were 150 are now in the 3's, so most of that class of money is gone. Remember the days little nasdaq or otcbb companies would hint that they were going to open a website, and then their stocks would go from $2 to $10 in a day? - that era is so far gone, it is almost already forgotten! If the Nasdaq were to unwind to the deep red side of its 25 year trend line, there could be another 30 to 50% to go in the bigger techs... but we already have lowering interest rates kicking in.... not sure if people will wait for year end '74 or '90 gulf war valuations again, and there is no law saying the unwinding must go to that level. Everytime a company warns we get panic selling... even after hours today with ORCL... IMO we are close to the point where acceptance of a slowdown will be in place and the interest will in looking BEYOND the me-to slowdown reports to the effects of lowering interest rates - that will feed money into the system - and the winners in the next cycle. Bonds seem to be signaling there is no worry of stagflation or some of the other horrors bandied about. Still of LOT of interesting stuff going on, things being invented, new technologies all over the place, I think that the almost all pervasive gloom and doom I read virtually everywhere now - dormant "ever wrong" gold bugs resurfacing - is signaling that we are nearing a major bottom or at least a significant slowdown of the angle of descent.