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

To: Drew Williams who wrote (12631)	7/21/1998 10:26:00 AM
From: Sawtooth	Respond to of 152472

Pure speculation on my part, Drew. For sure answer is "I don't know" but the attitude of today's market seems to be "buy the few"; I'd guess any kind of a panic would be "sell the many"; although I would expect Q's relatively low p/e and p/s to be at least somewhat of a natural "protector". Even with a 25% (or more) plunge, many would be extremely well ahead on their investments. If LU, for example, plunged 50%, most people buying since the beginning of 1998 would only be at a wash. ...Tim