Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.80

+0.3%

Dec 5 9:30 AM EST

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To: Ramsey Su who wrote (17803)	11/5/1998 9:39:00 AM
From: Jon Koplik	Read Replies (2) of 152472

Ramsey -- your thoughts : Regarding Greenspan, if he is going to cut rates on the 17th, his predictable mumble jumble today would most certainly include something along the line of irrational exuberance. ... If he does not try to talk down the market today, then it is unlikely that the Fed will change rates this month. If he says stocks are sky-high, he is implying a LACK of a cut in interest rates is proper. (To help deflate the crazy stock prices). If he does not "talk down stocks," it a favorable hint that rates will be cut soon. Jon.

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