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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.33-1.0%3:59 PM EST

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To: JMD who wrote (20215)12/22/1998 8:32:00 AM
From: Ramsey Su  Read Replies (1) of 152472
 
S Mike and Tim,

you guys can say all you want but I will soon deliver the ultimate blow - vacation.

Seriously, on the international front:

Russia looking to default again.

Thailand had the $10 billion asset sale of the century. Unfortunately, they did not use OnSale or eBay so the auction failed.

Japan is going to have a $700+billion budget. WOW. I wonder how they are going to finance that without turning some heads. Anyone know what their tax revenue is going to be? JGB is going higher and higher.

Brazil has been hanging on, right at the edge with the rest of SA in tow.

HK is still in denial. They are going down.

Korea is dreaming about chaebol reforms. I still don't understand how they are going to reduce debt equity from 700% to less than 200% by the end of next year.

Then again, I opined a few months ago that we should all buy AMZN, AOL, Yahoo etc and forget about fundamentals. Did anyone listen? I didn't.

Ramsey
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