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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.690.0%Dec 24 12:59 PM EST

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To: Keith Feral who wrote (83361)10/12/2000 5:18:36 PM
From: William Hunt  Read Replies (3) of 152472
 
Keith ---A great analysis ---the wealth effect has definitely disappeared. As of yesterday the market had lost a trillion dollars in value to Alan chasing inflation that was not there .
Oil is an issue he cannot control except by putting us in a recession ( He is working on it ) . The last time I check you do not have a budget surplus normally in a recession . Something for the politicians to think about .

Again very well thought out ---no technology ---no way to increase productivity ---thus inflation

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