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

To: Wyätt Gwyön who wrote (112249)	2/5/2002 12:21:23 PM
From: limtex	Respond to of 152472

Mucho - OK so far but you forget one aspect and that is supply and demand. Ther is far more demand today for stocks than even five years ago. the system of retirement is largely based on stocks and many more people around the world are in retirement programs. We are also in entirely different times than even five years ago. Technology is expanding at an ever increasing rate and the internet is expanding its cpacity and versatility to many more ares than only a few years ago. This tech revolution is not stopping. Tehcnology has never been held up for long. And technology has so far in history always created more industry than it replaced. That process is continuing as we post eachother. Despite all the gloom today and yesterday it is a fact that we are in different times. The increase in the defense budget and needs to deal with the current problem are by themselves going to create whole new technologies that are going to give rise to spin off start-ups and IPOs within a year or so. Defense is the biggest tech creator of them all and this budgetwill thus give rise to the greatest tech creation period of all time. The gloom is becuase the hedge funds have got better and more nible and many funds clearly are less interested in LTB&H and probably only hold stocks for a few weeks strategically around the end of each qtr and then go short during the qtr. It makes individual investing very difficult but some companies are going to make it. Q imho is one of them. We only have to see how much Q takes for a handset that contains a Q ASIC. Its quite a bit. Best, L