Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.09

+1.8%

Nov 28 9:30 AM EST

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To: Valueman who wrote (15986)	10/5/1998 11:22:00 AM
From: dougjn	Read Replies (1) of 152472

Telequip continues to be killed. Lu, Csco now. G7 uncertainty casts doubt on the strength of the global safety net. The right guy won in Brazil elections Sunday, but it remains unclear if he won by enough to preclude a run off against his socialist opponent. Even a challenge from Lula could make budget cutting (from the 8% of GDP defecit they now have) stalemated for a while. Meanwhile the wolf's at their door. The Japanese bank capital situation story in the right column of the NY Times was pretty scary. Did you see the Newsweek cover story? Newsweek does not have a long history of financial genius, but the story basically just said out loud what many have been thinking and whispering. It lays out the macro bad case scenario simply, but pretty well. This is all general market stuff of course, but also hits Qcom where it lives. You're thinking, compadre? Doug

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