Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.80

+0.3%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dovi who wrote (6542)	12/16/1997 12:23:00 PM
From: dougjn	Read Replies (1) of 152472

The date when Korea as a whole really realized there was a serious problem was Dec 3, when country first announced IMF bailout. (Its apparently called the day of national disgrace.) Sales from Nov. would not be indicative. Full impacts won't be felt in the real economy until mid 98. (When stock, currency mkts may well be recovering.) The news has been full of stories of Korean popular response being a national resolve to go on an austerity binge. Foreign cars, imported liquor have all become no nos socially, regardless of ability to afford. Ads are being run to showing savers putting coins in piggy banks. Now purportedly all Korean made CDMA cell phones probably don't get hit as squarely as Lexus sales. But hit. Who knows how much??? I bet even Qcom is having trouble estimating (although they could no doubt do a much better possible range of effect than thee or me.) Doug

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next