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

To: Jon Koplik who wrote (14516)	9/3/1998 2:24:00 PM
From: marginmike	Read Replies (1) \| Respond to of 152472

one more point. Whille talking to my clients, most are taking falls in stride. They all have alot of money and none are surprised at whats going on. In actuality they are relieved(to a certain degree)that the speculators are being pushed out of the market. these people arnt to woried about 401k's and are able to ride the market and buy more when the markets bottom. Its really a non event. Its these idiots who are taking mortgage's out and buying mutual funds who will be crushed. In this Im refering to the working Middle class. They are not my clientele obviously. I think the market really might go to 6000. I am not saying it will. I am about 70 % cash so I am prepared, I have two or three stocks that I feel I am absolutly sure will be OK in the long term. My only stress is when to dive back in. Greg is right there are some great deals. Do you remember SAWTEk, when we were discussing it was at 26. It was at 10 two days ago. Even Qcom at 45 makes my fingers itch(I have a little to much already). I think that it will soon be time to buy stocks again.