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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.21-1.2%Jan 7 3:59 PM EST
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To: Tulvio Durand who wrote (90844)12/28/2000 8:55:33 PM
From: Jordan Levitt   of 152472
 
<<Your arguments are compelling, But are we not already in a recession? GNP has been decelerating over several months (six months is technical definition of recession), NASD is in steep down slope >>

Nope. We are not already in a recession. A recession is not the slowing of growth. It is to quarters of negative growth. GDP has to actually shrink ! Though there is some argument as to the psychological effect of slowing from 100 miles an hour to something more sedate !
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