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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.76+0.3%3:59 PM EST

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To: Maurice Winn who wrote (83420)10/12/2000 9:22:00 PM
From: Jordan Levitt  Read Replies (2) of 152472
 
Hi Maurice,

I couldn't agree with you more ! I too think that Q will explode over the next few years. Also agree with your over all conclusions regarding the economy. Some may argue that rates are too high, not as compared with available returns elsewhere but as to the level of real rates needed to affect good monetary policy. I think to a large extent the Fed is still fighting the old fights and punching at ghosts if you will.

<It's funny that Q! share price went down. It should do the opposite>

Amen, brother ! If there is a slowdown in the economy, and a resultant slowdown in old economy earnings, then earnings growth should be at a premium. I in no way can believe that the price of oil, or interest rates for that matter, can do any meaningful degree have an impact on the world wide adoption of cellular for voice and data communication.

Conclusion ? All aboard who's coming aboard ! The train is about to leave the station.

Regards
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