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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: bdog who wrote (14189)	8/27/1998 11:07:00 AM
From: marginmike	Read Replies (1) of 152472

The panic meter is now reading 91%. The fundamentals are still in place. European monetary union will spur growth. The USA is going quite well. China is still growing in the 2-7%range. Though devaluations are possible Latin America is still not in a recession, nor is one likely. Korea, despite Ramsey's predictions is still quite an improved situation from 4 months ago. The Russian overthrow of Yeltsin could be viewed positively. Boris was loosing it after all, and the only way taxes will be collected is if a strong government comes to power. Would a Chinese styled Russia be so bad? It would certainly stabilize things, as well as provide the security of their nuclear arsenal. Remember we don't need to get better we just need to hit bottom, and begin to get better to stabilize markets. There are only one or two things really bad that are going to happen. After that DOW 15000! Oh buy the way next year I think is an election year, They are always good for the stock market! P.S. Just trying to be optimistic, on a really humbling day

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