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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

Nov 17 3:59 PM EST

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To: Jon Koplik who wrote (11983)	7/2/1998 10:22:00 PM
From: Ramsey Su	Read Replies (4) of 152472

Jon, don't pay attention to Maurice's predictions. Another glass of sherry he will be predicting DOW 160,000 by next week. Fed Funds 3.50% (or lower) by late 1999 Think about it. There is an equal chance that it may go the other way. The Japanese "big bang" reform, in theory, can open the flood gate for yen to come to this country. Then your prediction may indeed be the case. If it turns out that Japan needs every penny to bail out of its domestic problem, who is going to finance the US debt at 3.5%? May be I am too critical but the boomers are investing rather foolishly. We all know what happens to the fool and his/her money. The more I think about it, I more inclined I am to cash in and start planting some vegetable in my back yard. May be I will buy a few sheep from Maurice so I can have wool for the cold San Diego winter and some mutton stew when I am hungry. Forget all investments until it is safe to come out of my cave. Ramsey

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