Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: waverider who wrote (105307)	9/21/2001 1:07:36 PM
From: carranza2	Read Replies (1) \| Respond to of 152472

I have capitulated. However, my form of capitulation is a little different from others'. I really and truly don't give a toss with a rolling doughnut. I'm convinced that this, too, will pass. I'm LTB&H and I'm slowly adding as I can. Anyone have any thoughts about why things just got worse for telecom and Q in particular? Did MOT just have a patent win against Q? Did Nokia renege on the deal? Did the terror just decrease demand for cell phones? Does Dr. J. have Alzheimer's? Has China build out stopped? I want to know why I should sell my Q. I can't find any good reasons, and I'm not interested in following lemmings.

To: waverider who wrote (105307)	9/21/2001 2:14:03 PM
From: marginnayan	Respond to of 152472

The valuations built up over that time STILL do not reflect the new reality. I do not know much about DOW. But if you look at nasdaq I think the real bubble started in 1998. So with nasdaq at 1400 I think the bubble part (B2B, B2C and what else) is gone. But even during the bubble period, there has been real growth in use of internet by consumers and business, including wireless voice service Case in point. In 1998 EXTR was valued around 400 million, just based on IP with zero sales. At one stage in bubble it was valued around 20 Billion. Now it is valued around 1 Billion (twice the pre bubble valuation ) but with sales around 500 million ( or 2 times sales), although the sales growth is now questionable. Also prior to 1990, the only driver of NASDAQ was the PC revolution. So any comparison using times prior to 1990 will not be meaningful. Certianly there is the war element part that needs to be accounted for. But this is a war against evil rather a war of nations, with almost the entire world supporting the United States. Once the islamic world realizes that harboring terrorists does more harm than good, now that America is on resolve path, it will start distancing itself from the terrorist network. So as time passes by perception about this translating into a global war is going to change, the current view of investment community. So nasdaq at 800 is possible, but the odds are less likely.