Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: samim anbarcioglu who wrote (125165)	11/7/2002 6:24:46 PM
From: Jon Koplik	Read Replies (1) of 152472

Tero's foreign exchange / Qualcomm analysis : Bill Fleckenstein says : US stocks must follow foreign exchange value of the dollar. The Euro is now down only about 15% from where it started a few years ago ($1.00-ish now, vs. $1.18 then). Therefore, US stocks suck. Therefore, US telecom stocks suck. Therefore, Qualcomm sucks. (Regardless of fundamentals like 25 million or more ASIC chips to be sold next quarter). Jon.

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