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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: Ramsey Su who wrote (14186)	8/27/1998 10:34:00 AM
From: mmeggs	Read Replies (1) of 152472

To add a little: Russia may not have the economic weight of SE Asia, but there are an awful lot of European banks holding practically worthless Russian debt on their books. Add it to the SE Asian debt held, and eventually the camel's back breaks. Yeltsin is kaput, I do believe. The government to follow will not be a western-style capitalism/democracy. Though I don't think it will be old-line communist either. Whichever, that's a lot of instability in a country with the second largest nuke arsenal in the world. And that can do a lot more damage than a few billion in bad debt. mmeggs

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