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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.32+0.3%3:59 PM EST

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To: T L Comiskey who wrote (112052)2/2/2002 9:04:10 AM
From: limtex  Read Replies (2) of 152472
 
TLC - Yes Saw it. Actually there may be some justification on prf-forma reporting where there is a solidly growing economy and occasional items could be excluded.

But in this environment where the the economy is in recession and still heading south these kind of annoucnements stick out like a sore thumb.

Once again another sign of recession going headlogn into depression. The increase in bankrupcies the size of the bankruptcies, the reducing number of employed, the return of big volatility, gloomy views of big players like INTC and MSFT. And the constant reminders that the economy is goign to rebound in the 2nd half. Those are clear signs of an impending depression.

Best,

L

Best,

L
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