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

To: Uncle Frank who wrote (103712)	9/4/2001 8:15:42 PM
From: limtex	Read Replies (1) \| Respond to of 152472

UF - this is shorts. Pushed on the door and are now kicking it in. They won't stop and we could go to the low $30s imho. There is nothing to hold this up in the face of this kind of selling. The vol was over 20m today. Its been dropping for days and thisis just the start of earnings warning season. Thisis not investing any more it is irrepsonsible. We are in an incipient global collapse with Japan at the epicentre. They have apparently said today that they doen't expect to have any recovery for at least 4 years or did I hear it wrong. These are unchared waters and the only thing we know for certain is that we are sinking every day now relentlessly. The NAZ futures are down yet again and with each passing day business gets worse and P/Es get higher even thought the stock prices drop. The point is that eventually one has to see this for what it is. Hope has been very expensive for many and this is now over a year and a half of unending misery and for what? Best to be realistic now. Best regards, L