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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 157.32+0.6%3:36 PM EST
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To: David E. Taylor who wrote (80952)10/13/2008 4:46:46 PM
From: JGoren  Read Replies (1) of 197314
 
great post. The GSE's are probably mostly toast, but I would think the mortgage-backed securities are not. Qcom would just hold them for several years, which it can afford to do, and wait for the market to get better. Meanwhile, it could suffer some losses on those that actually do go into default.
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