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

To: Ramsey Su who wrote (7861)	2/2/1998 11:45:00 AM
From: qdog	Read Replies (1) \| Respond to of 152472

Worry, worry, worry. Hit some golfballs, gurgle, gurgle. Better yet build an ark. Asia was oversold. Greenspan asked Congress to approve IMF funding and warned that Asia would affect economy. It still a market that will have some more mood swings, but it is also indiviual country. Indonesia is still a OPEC member that derives plenty form energy. Crude fell back in a failed attempt to break it's recent slump. So this can't be good for Indonesia. I've selectively been doing short term stuff with my cash. Sold last of my bond holding and waiting for the bonds to go back towards 6.25% to buy some more. Bonds are over bought IMO, due to the flight to quality. To contrarian about folks pushing bonds. Shoot I bot most between 6.75 and 6.9%, when all the flies were buzzing about stocks and poohing bonds. Now they are hawking bonds???? That was like a month ago they were hawking oil and drilling. On QCOM, at the strong earnings that they just had.; the recievables at over $400 mil, I expect continue growth. Piss on, this new standard. QCOM now appears to be a linchpin in negogiations. That has to be positive and a bit of a loss for Ericsson. Now QCOM appears to have a good chance to put to rest some of the litigation against it. They appear to be more of a player than some have attempted to portray. Still like BAY. Looking at a point in time to readjust my portfolio form a defensive to a more nuetral portfolio. Also like WCII (Winstar). Look for a fight over the budget and you never know where Clinton's zipper may lead us next. Expect sometime this year concern about hte election. Clinton keeps rebounding and the markets/economy continues on, Republican Congress could be in for rude awaking in Nov. That would challenge the markets mettle. Of course, what the heck do I know!!!! It's my opinion and I repeat all such warning; DO YOUR HOMEWORK AND GO WITH YOUR HEART!! Right.......What's a cubit?

To: Ramsey Su who wrote (7861)	2/2/1998 5:15:00 PM
From: JMD	Read Replies (1) \| Respond to of 152472

Ramsey, I have come to believe that this guy is a thoughtful observer, followed his posts for a while. Think he's based in HK, and seems to have a balanced view. Possible response to "sucker rally" fears (which I share) and explanation for today's market burst. Have you checked out overseas markets? Turkey and SK cratered, but the rest went berserk. Here goes: Subject: Semi-Equips - Buy when BLOOD is running in the streets! \| Previous \| Next \| Respond \| Remove Navigation To: ET (4666 ) From: Jess Beltz Monday, Feb 2 1998 8:49AM EST Reply # of 4675 ET: there is basically two reasons why Asia is up big today: the simultaneous occurence of Chinese New Year and the end of Ramadan. Today was the first trading day after the moslem month of fasting ended and the Chinese Lunar New Year holiday, and so a lot of investors are in a very good mood. AND, they desparately want to believe that the worst is over in this part of the world. Unfortunately, I think a lot of these poor souls are going to lose money in the coming months. I too desparately want to see this mess bottom out. Unfortunately, most of the mess stems from the Japanese banking sector, and, God bless their souls (;-)) they've just found a way to keep their banks from recognizing bad loans for another what, 18 months or so. They've fixed nothing that's really wrong with their banking system or economy. They're playing the same game that Keating and Jim Wright were while refusing to recognize the mess in the S&Ls, that being that if the market turns around, the problem will go away by itself. Also, refusing to recognize the bad loans helps keep their shredded capital ratios above water so they can keep lending. Otherwise, they'd be shut down and HAVE to have massive outside equity infusions to avoid the ultimate credit crunch. You'll notice that the Nikkei was largely absent from today's euphoria. For what it's worth, I hope we get a nice bounce in the tech sector. If we do, I'll cash out of my Cymer and wait for the semi sector to go back down as the fears resume. I'll keep moving in and out of Cymer because I think it's at the edge of the most in-demand technology right now, being at the heart of the optical-litho approach to die shrinkage. A more diversified approach might include some Dupont Photomask and maybe some ASYT or TER. Sorry to sound a discordant note, but I can't ignore what I see. jess. \| Previous \| Next \| Respond \| View reply to this message View SubjectMarksBookmark this Subject Return to Semiconductors One or more words separated by spaces: Subject Titles Only Full-Text Messages with Links <Picture> Send questions and feedback to webmistress@techstocks.com To link to this reply, use the following Location: Terms of Use Mike Doyle