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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.59

-3.9%

Nov 20 3:59 PM EST

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To: Uncle Frank who wrote (39627)	9/3/1999 4:08:00 AM
From: Maurice Winn	Read Replies (1) of 152472

Uncle Frank, Envy-minded cargo cultists: <...It is this form of power that causes every other company in the value chain to genuinely hate the gorilla...> They don't have to be in the value chain if they don't want to. It continues to fascinate me the spittle which Alan Green$pan and $ill Gates cause people to emit. If people don't like the interest rates Alan Green$pan offers, they don't have to borrow the money! The whining is always that people who have saved money aren't lending it cheaply enough. Companies which don't like the interest rates, don't need to borrow either. There is no law of the universe which says somebody else has to lend you the product of their labours at some silly low price which suits you [not you personally of course]. If people want something, they don't need to borrow if they don't like the interest rates, they can get a job and save their own money! If they don't like $ill's Windows, they can invent their own or do something else. Pretty simple really. Fancy wasting brain space hating gorillas! Not only is it futile, it's also wrong. Personally, I like gorillas. Meanwhile, IrwinJ is totally cleaning up AlanG. The Q is soaring against the $. No wonder Alan is trying to do something to bring it back down. If Alan can't improve the attractiveness of $ instead of Q, he's going to find his currency abandoned sooner rather than later. Expect more interest rate increases! He has to get people to hold $. Look at them piling into Q! People know that Alan is going to go on diluting them by printing money. Interest rates are bound to rise as suckers holding $ eventually learn that they are losing ground fast to The New Paradigm. Go Q Go Mqurice PS: Anyway, high interest rates are good. It means that there is a lot of competition for borrowed money which means that there are lots of good things which people can do with it. The best borrower who can earn the most with it gets to do the borrowing. It's like an auction. Top bidder gets to borrow. Sounds fair enough.

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