Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.60

+0.1%

Dec 30 3:59 PM EST

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To: Clarksterh who wrote (20878)	1/6/1999 11:42:00 AM
From: Jon Koplik	Read Replies (2) of 152472

Re : As for why they (the Japanese) should be raising interest rates and thus boosting their currency in the midst of a recession, I can think of no reason why this is a good idea. Who knows what they are thinking? One of the least understood aspects of the financial world is the following : almost all entities in the finance business (securities dealers, insurance companies, and banks, for example) really need a nice, upward sloping yield curve to help make their business operate profitably. Jon.

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