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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.20+0.7%3:49 PM EST
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To: 16yearcycle who wrote (84791)10/25/2000 8:58:13 PM
From: marginmike  Read Replies (1) of 152472
 
I agree Eugene But Since the fed was relentlesly printing money until early 2000 the are in a box. If they dont slow economy inlight of higher OIL and Labor costs they will inded have recession. The issue is Liquidity more then rates. I think the Die is cast either way, Rate lowering or not the economy is in trouble. The snowball has begun rolling. The Dollar strength is the only thing averting a real disaster.
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