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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: Maurice Winn who wrote (16980)	10/22/1998 8:06:00 PM
From: Ramsey Su	Read Replies (1) of 152472

Maurice, OT - chicken report. Head chicken little is still chicken, may be less little now. Remember when I first turned bearish, my fear was a meltdown, vs just the run of the mill correction. Well, most of the world's economies have played their cards now. There is only one big potential problem left - Japan. The yen is unreasonably high. I think if the yen drops to 140-150 range and Asia does not fall apart as a result, then some type of a bottom have been reached. Aside from $90B IMF warchest, Japan is likely going to be screwing her citizens out of $1 trillion to bail out the region. This is some serious money. I started buying back some of the shares that I sold. Just can't resist. Hate to feel like an idiot if 3G, ERICY lawsuit settlement and/or fantastic earnings news come out and I am sitting on the sidelines. Before you get too excited and rush out to margin more shares, here is the bad news. Su Vacation starting soon. Chicken not So Little Ramsey

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