Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 179.26

+0.5%

3:59 PM EST

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To: marginmike who wrote (16023)	10/5/1998 9:42:00 PM
From: dougjn	Read Replies (1) of 152472

<<Where's the proof were going into recession?>> There is none. Only increasing risk. As clearly alluded to by Rubin and Greenspan. Quite extraordinary. People in their position never go so far. They had a reason too -- IMF funding out of Congress. They also felt the stakes were big enough that if their comments were regarded as scarry by the markets, so be it. <<If we do is it priced into market.>> Clearly not. That's the real point. If we were now down 40% in the indexes, I would feel entirely different. Keep in mind how unprecedentedly high the indexes were, before they declined to the mere 18% or so they are down now. Doug

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