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


To: Ramsey Su who wrote (16598)10/15/1998 7:46:00 PM
From: marginmike  Respond to of 152472
 
By the way Ramsey It seems clear that China will devalue early next year. On business there an assosiate who does big business in China(Big business=business with comunist party), was told that the Chinese plan to devalue after new year. Thier inventories are increasing at an alarming rate, and they are waiting to see if things in Global currencies improve dramaticly! If not we will get one last nice jolt to world market's

Chicken little 3



To: Ramsey Su who wrote (16598)10/16/1998 12:30:00 AM
From: Maurice Winn  Respond to of 152472
 
"Why are there so many posts on this thread these days, and that is without college football, baseball, political rants and stock quotes (just for you Jon)?"

Ramsey, as Tom has pointed out, this is a market indicator. Usually marking a top. But this time, when the markets had Q.com below its natural home in the 40s, there was stunned silence [I managed to squeak a few times in denial] as the frightened rabbit syndrome caused all to adopt the head down, arms around back of neck disaster come foetal position. Now the terror has subsided and hey presto, there is even pretty good news for The Q, so we are all babbling like lunatics. Baseball or maybe its football, curling or something is breaking out at QUALCOMM stadium too, drawing some cult comments from devotees.

This time the babbling marked the bottom. Or rather the departure from the bottom.

All is well.

Mqurice

PS: Apparently Q.com is going to be at $80 by the end of October. Or maybe November [Tom suggested].