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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 178.29-1.6%Dec 12 9:30 AM EST

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To: qdog who wrote (6051)12/9/1997 8:30:00 AM
From: Ramsey Su  Read Replies (1) of 152472
 
qdog,

the currency problem is the first of at least two, or more, waves. The second wave is going to come from an Asian recession. As an example, Hyundai announced their plan to cut cap exp by 40% next year. Multiply that by whatever they may be doing across the board in Japan, Malaysia, Indonesia, Taiwan, Korea...... The scence is not pretty, especially if China joins the parade.

Ranger Mike better be on the alert. The bears are coming out from the woods.

Some of you old timers may also remember the tried and proven "Ramsey goes on vacation effect". Let me forwarn all that I am leaving on vacation next week and will not return till next yr. Be prepare for a bloodbath.

Ramsey
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