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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 178.29-1.6%Dec 12 9:30 AM EST
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To: engineer who wrote (15983)10/8/1998 10:39:00 AM
From: limtex   of 152472
 
Eng -

But surely you are not advocating just sitting on our hands and hopiing that all that talk in Washington will do something?

This is a question of reinstalling confidence. Interest rates don't have to stay low for too long .....just long enough to restore confidence. If the reduction doesn't work you won't have a worse situation becuase of it.
regards,

L
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