Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.60

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3:59 PM EST

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To: Jon Koplik who wrote (20880)	1/6/1999 11:52:00 AM
From: Clarksterh	Read Replies (2) of 152472

Jon - 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. Maybe true, but the financial segment is only a small fraction of their whole economy. If it was only their banking segment that was in bad shape it might be a good idea to raise interest rates, but ... . As it is there are already a lot of bad loans - how many more will there be as they raise interest rates and decrease their foreign competitiveness? Clark

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