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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.860.0%12:53 PM EST

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To: Voltaire who wrote (42059)9/21/1999 11:57:00 AM
From: Jim Willie CB  Read Replies (1) of 152472
 
Voltaire, dont be shining my ass now

foreign economies take a back seat to be sure
currency traders resemble vultures circling fallen and weakened animals

the Japanese NEED for their currency to weaken... many perceive the United States NEEDing to have its currency weaker... in past years the strong $$$ has hurt exporters some, and not anywhere as much as people expected

another missing item in the equilibrium equation:
Robert Rubin aint in Treasury no more
expect more currency swing turbulence and volatility
Rubin actually made serious serious profits in currency trading for Dept of Treasury!!!
old habits die hard

I am continually amazed that central banks throw away billions in vain attempts to stabilize... this month alone I read BankofJapan blew approx $5B... oops... they do that periodically

a Harvard Professor sits in that seat now, scary

/ Jim @Puff.Gone.Daddy
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