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

To: Harvey Rosenkrantz who wrote (5065)	10/29/1997 8:03:00 AM
From: IKM	Read Replies (2) \| Respond to of 152472

OT - We had a meeting of the minds this morning, after a night of the silent treatment. We're going to get a new computer and slowly make her into a day trader, and let her watch our long-term portfolio. This is much too distracting to me at my real job. She has already been to Europe many times, and Asia too. Making a trip like that contingent upon something would be disaster for me!

To: Harvey Rosenkrantz who wrote (5065)	10/29/1997 9:04:00 AM
From: Ramsey Su	Read Replies (2) \| Respond to of 152472

Harvey and all, on top of politics and football, now we have just added marriage counseling. Geez, whats next! Zacks just moved QCOM to a #1, strong buy. Though I consider Zack's "opinion" worthless, it does reflect some street mentality. I find the advance-decline yesterday very interesting. It is relatively narrow on both NYSE and NASD, considering the point gains. While almost all stocks got killed on Monday, many did not participate in the recovery yesterday. What worries me are all the fatherly tones that the talking heads are using the last few days. They have successfully calmed the sheep into not making a run at the mutual funds. Yesterday was a record volume day. Who is selling? Is smart money on the buy side or the sell side. If CNBC had only chosen negative comments to broadcast and interviewed only the investors ready to jump off the empire state building to avoid margin calls, I wonder where the herd would be heading today. Many things have changed but the herd mentality remains. Maurice, there are a lot more sheep here than NZ, we just call them investors. I was just a baby (in investor years) during the 1987 correction. It is very interesting watch these big move days first hand. Ramsey