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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.25+0.6%Dec 19 3:59 PM EST

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To: William Hunt who wrote (90519)12/19/2000 3:35:29 PM
From: Keith Feral  Read Replies (2) of 152472
 
Bill: It was almost comical watching the reporting of the Fed announcement today. The newswires blew yet another call by initially suggesting that the FED had not changed rates or the bias. It wasn't until they got to the bottom of the report that they realized the FED had moved from a bias of tightening to a bias of easing. In effect, the FED went further than anyone expected today. It reminded me of the election fiasco. When are these reporters going to learn how to read the facts?

Now we have 2 very positive trends for 2001, excluding CDMA - lower taxes and lower interest rates. Taking anything I can get right now.
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