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

To: marginmike who wrote (119827)	6/4/2002 11:43:17 AM
From: limtex	Read Replies (1) \| Respond to of 152472

mm - It is currently popualr to play a srot of Monday morning quarter back by large numbers of those connected with the markets the central theme of which is that all, some or most NAZ stocks are what is described as overvalued. Most people have an almost inbuilt desire to get what they they want cheaper than it is currently available for. That has been human history. Nothing on this planet has any intrinsic value. A vlaue is only what a willing buyer will apy a willing seller at one moment in time. Nothing more. For the last two and ahlf years or so the financial world has lost confidence in the markets mainly because of a slump in tech industries. That slump in the bsuiness of tech industries will end and most likely this year. As it does so confidence will return. We are only at the beginning of a huge tech revolution that started with the introduction of PCs and is just now warming up. We have only just completed the mapping of the human genome. That will and is spawning a flood of new discoveries that will enhance and preserve human life indeed even the lives of shorts who will be willing to pay quite large sums to the biotech companies even to get just one more breath. As the markets regain confidence so more companies will come to market and spawn more invetions etc thus addin fuel to the markets rise. Even that piece of shit Bin Laden has actually provided an impetus to the US although not one he and the followers of his so called religion will necessarily like. Research on weapons to find and destroy him and his followers and despatch them quickly to meet their maker have no doubt been given a huge boost and this too will spur commerical activity and new invention. Soon we will be able to go to airport and check in with minimum inconvenience as the shit and his followers will be detected by a combination of hardware and software eliminating the need for most of us to be delayed at all. All this of course goes on within the markets and there are today believe it or not many more share buyers than in March 2000. in a year there will be even more. With returning confidence thus will more people buy stocks. No-one wants to miss out. Well more buyers and limited companies in which to invest means....higher prices. I didn't invesnt this system and its no good fighting. Everyone has learned that lesson the hard way over the last two and a half years. Lastly this isn't the 30s or anything comparable to it neither is it the oft quoted 66 to 82 period. This is the beginning or the tech revolution not the end or the middle. Best, L