Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.80

+0.3%

Dec 5 9:30 AM EST

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To: A.L. Reagan who wrote (94510)	2/23/2001 10:12:48 PM
From: Kayaker	of 152472

From what I heard on CNBC, the turnaround was caused by Wayne Angell, the former Fed governor, suggesting that the Fed might lower next Mon, Tues, Wed. Of course, they might not. Doesn't provide a very solid basis for the gains. Techs Rebound Amid Rate Cut Speculation Photos By Elizabeth Lazarowitz NEW YORK (Reuters) - Technology stocks rose on Friday, staging a dramatic late-day rebound as investors grew optimistic that further Federal Reserve (news - web sites) interest rate cuts are around the corner.... dailynews.yahoo.com

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