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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.35

-0.4%

Dec 4 3:59 PM EST

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To: Sawtooth who wrote (17852)	11/5/1998 2:51:00 PM
From: Maurice Winn	of 152472

Yes, money [not capital] is flowing faster than governments can evaluate. That is a GOOD thing. And when we can do it encrypted in cyberspace they really won't know what's going on. Great! Then thugs like Mahathir can go swing in the jungle and check each other for nits. But money isn't flowing faster than humans can evaluate. I can see an exchange rate quoted. I know how many SuperDs I have. I click the mouse. They move! Fully evaluable. No worries. Paul Krugman's temporary currency control is silly. Speculators earn their keep by providing buyers when the herd is fleeing and sellers when the herd is euphoric. The tsunami just means there is a shortage of speculators. I'm doing my best! Fair enough to warn against excessive leverage! What is really needed is an abandonment of money as a store of value. No, don't go to gold - that is not a good store of value because it just sits there. A better store of value is IP! [Intellectual property and internet protocol]. Namely, shares in companies like The Q! Nice to see the credit crunch eased. Mqurice Dow 16,000 Feb 2002. Q! heading for $80 by 30 November.

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