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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.08+2.3%1:52 PM EST

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To: Skeeter Bug who wrote (16228)10/8/1998 8:20:00 PM
From: limtex  Read Replies (1) of 152472
 
SB --

Sorry to disagee but there are plenty of great potential consumers out there in China, Korea and Vietnam and India who could easily absorb the production capacity.

True we ought to deal with our bank lenders who lent money to corrupt leaders and their families in some parts of the world but that problem should be easliy sold by taking back bonuses and removing retirment funds of those bankers whose iresponsibility put the worlds economy in jeopardy.

After that and we can deal with that in the courts in New York, London, Frankfurt and Zurich we can get back to building the worlds economy again

It is simply eroneous to suggest that there has been too much economic activity. A billion people and more need the activity and the capital and the products, services and jobs. All we need to do is to regain confidence in thbe markets and start delivering that to the billion or so who need it.

THERE IS NO NEED FOR A RECESSION OR SLOWDOWN. Sorry about the capitals and I've never used them before but I think it needs emphasizing.

Regards,

L
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