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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 164.02-1.7%12:35 PM EST

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To: Jon Koplik who wrote (62184)1/13/2000 10:01:00 PM
From: jmac  Read Replies (1) of 152472
 
Wall Street's reaction: Globex holding firm ever since Greenspans remarks were made. I don't think he said anything different than what he said before and I think everyone is just getting used to it.

I do have a suggestion to Mr. G though. Interst rate hikes won't slow this economy down. It's not targeted at what is creating the unusually high demand that he sees. If he want s to slow the market down, he needs to change margin rates. That's a Fed function also. That will slow the speculation in the market and thus slow down the rate of increase in demand.
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