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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.59-3.9%Nov 20 3:59 PM EST
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To: kech who wrote (14957)9/13/1998 3:35:00 PM
From: DaveMG  Read Replies (3) of 152472
 
Tom,

I thought one of the interesting things mentioned in one of Ramseys links which were posted last night was how long it was expected to take for these interest rate reductions to have an impact in the Japanese economy. In the US I'm sure a cut would cause a knee jerk rally however I'd imagine each successive interest rate cut would have increasingly negative psychological implications because of the underlying weakness which these cuts would imply..Dave
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