Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.03

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3:59 PM EST

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To: Jill who wrote (61454)	1/11/2000 2:37:00 PM
From: limtex	Read Replies (2) of 152472

Jill - In 1987 Mr G put up interest rates twice at .5% each time. Very very quickly we had the 1987 Oct crash. I don't think he wants to do a repeat performance. There are always people who reakon that the World is about to end. I have been like that at times. I don't think the Fed works like that and I don't think one man takes the decision. The American economy affects everyone in the US ( not to mention everywhere else) and I think the Fed doesn't act in a rash way when the entire Country's livelyhood is at stake. Gently is the way especially when as now the markets are nervous and volatile. Best regards, L

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