Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.92

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9:39 AM EST

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To: Maurice Winn who wrote (13704)	8/13/1998 8:38:00 PM
From: Jon Koplik	Read Replies (1) of 152472

Maurice - here we go again (groan) on money supply. I do not want to get started on this, but ... first, a joke. I heard someone say "there are two kinds of economists who are discussing money supply -- those who don't know what they are talking about, and know they don't know what they are talking about; and those who just blab on, without realizing they don't know what they are talking about." (I am in the first group). The thing that has been catching my eye lately on the Fed's money supply figures is the 13 week growth rates on M2 and M3 (the ones that end up at a date real close to today). Both figures were much faster about 4 to 6 weeks ago, and since they are a 13 week growth rate, the actual rate for just the past 4 weeks or so must have been way below even 5.5% and 6.8%. Your SuperD (new grocery store chain?) and money supply/stock market moves are not topics I have any thoughts on. Jon.

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