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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.07

-1.0%

Nov 18 3:59 PM EST

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To: Ramsey Su who wrote (11969)	7/2/1998 7:07:00 PM
From: Maurice Winn	Read Replies (1) of 152472

Ramsey, I had to print out Krugman's lot and spend a week trying to read it each night in bed. Of course I woke in the morning having made little progress. But it is Thanksgiving or something [maybe it's Independence Day] in the USA and they shoot turkeys for dinner. Be warned by Krugman - the money holders are the modern day turkeys and Japan yesterday announced another giant turkey shoot. They interviewed Krugman because his is the conventional wisdom. Like Hitler's Mein Kampf, Krugman means what he says - LET"S PRINT - THE WORLD NEEDS INFLATION - IT'S OUR DUTY TO HUMANITY. Well, if you are a turkey, you'd best find a nice dark cave to hide in. Or turn into a lion = a Mighty-Q shareholder. Printing won't collapse Asia, it will milk the cash savers. Who, being thrifty and industrious like so many worker bees, will buzz off to productive labor yet again, wondering why their honey pot keeps looking empty when they come home to the hive. Even Gregg is sounding a little demoralized [chin up Gregg] worrying about a huge deflationary spiral, stocks crashing and all that. Hell, I must be the only maniacally positive person left on the planet - though for every seller there's a buyer, so they are out there! Okay, prepare for the turkey shoot. Happy 4th July! I'm ready. Mqurice

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