Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.05

+0.6%

3:59 PM EST

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To: limtex who wrote (39573)	9/2/1999 2:51:00 PM
From: Uncle Frank	Read Replies (1) of 152472

>> What is the point of bothering to invest if the main target of the Chairman of the Fed is now the market L, since AG is the most powerful man in the financial world, it would be foolhardy to underestimate the impact he can have on the markets. But he may get some political pressure from the Democrats to stop focusing on the market, since that's about the only shot they have at re-election. Also, since AG thinks in terms of the world economy, he must be careful not to raise interest rates to the point where they will impede the recovery in Asia. Fortunately, the market seems to have developed a tolerance for his "over exuberance" routine. uf

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