Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.96

+1.4%

Nov 11 3:59 PM EST

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To: Art Bechhoefer who wrote (121063)	6/27/2002 5:48:00 PM
From: carranza2	Read Replies (1) of 152472

Art, Researched the savings rate and 401(k) issue. It was surprisingly easy to determine that 401(k) money is counted towards the overall savings rate. Richebacher says that the savings rate is too low to allow for capital formation. However, look at this. The savings rate according to the spreadsheet was 2.8% when last measured in April. Not a great figure, mind you, but it is actually going up when compared to 2001. It is still nowhere near the 8% or so of the early '90s. bea.doc.gov Richebacher clearly has a point about savings rates but the trend appears not to be agreeing with him. Perhaps savings are being used to pay down consumer debt, which has skyrocketed? That would be a good thing, too.

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