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

To: SKIP PAUL who wrote (14376)	8/31/1998 8:53:00 PM
From: marginmike	Read Replies (1) \| Respond to of 152472

I think thats what you wish to be the case. I have no Idea what will happen teusday. However currency and slowing 3rd world will be bad for earnings. I laugh when people say this market is oversold. On what basis. We are at historical high PE's still. Ihope not, but this market could fall to 5000. It would make more sense then if it didnt. This market is to high still! In october we were at 7200, and that was when the outlook was much much better. We have had a 100% growth in 3 years, why would a 40% pullback be so crazy?