SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Sawtooth who wrote (14466)9/2/1998 2:27:00 PM
From: Ramsey Su  Read Replies (2) | Respond to of 152472
 
Tim,

what big crash were you talking about? Monday? That was just a single digit fluctuation in terms of percentage.

I think the "herd" is still listening to the likes of Abby J Cohen and Joe Batagalia who will sell ice to Eskimos. I am willing to bet that if you give the average investor the map of the world, over 90% would not be able to point out Korea, Thailand, Russia, Columbia, Malaysia, Japan ..... correctly. Most have heard of some trouble in those countries but I doubted if most can give you a simple summary of the problem.

They also believe the BS that Clinton, Rubin keep selling about economy being strong, interest rate low, business doing better than ever, unemployment low ..... Chicken Little says that was yesterday, what about tomorrow's outlook?

When the truth comes out with this quarter's earnings and forward statements, then you will see the crash. On the other hand, if this quarter proves to be strong and forward statements rosy, I will be wrong and have to eat my shorts.

Ramsey