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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: kech who wrote (6340)12/12/1997 8:40:00 PM
From: Ramsey Su  Read Replies (2) of 152472
 
Tom, it is a forgone conclusion that there will be an IMF or some type of bail out package. The world is not, and cannot afford, to let Korea crash and burn. So the rescue package is not the problem. If the market rallies when the IMF deal is finalized, and it most likely would, I think that would be a great opportunity to sell and raise more cash.

The growth which was fueled by decades of funny money will disappear. Now throw in Japan and possibly China, then we have a big problem.

Ramsey
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