Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.54

-1.2%

3:59 PM EST

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To: Robin Plunder who wrote (103586)	9/3/2001 6:29:06 AM
From: limtex	Read Replies (1) of 152472

RP - Jack Welch is as good as oyu can get for an opinion. He says he has never seen anything like it. Others many others say the same. Business in the growth engines is evaporating. As the business climate worsens so companies cut out every cent of expenditure the can just to preserve cash. This is a self perpetuating downward spiral and is the very reason why Mr G and his elderly colleagues should not have put up interest rates to attack the NAZ as they undoubtedly did. The question of confidence in the international system is now at stake. It is necessary to restore confidence without whihc we are in a global depression. Every interst rate cut has been like pulling teeth. For the worst business conditions in living memory the interest rate is still way too high. Best regards, L

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