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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: GO*QCOM who wrote (44887)10/15/1999 9:38:00 AM
From: Big Idea  Respond to of 152472
 
PPI numbers HUGE

Techs sink on open: NASDAQ down over 63 points at 9:34 EST

cnnfn.com



To: GO*QCOM who wrote (44887)10/15/1999 9:39:00 AM
From: Uncle Frank  Read Replies (1) | Respond to of 152472
 
>> Hold on tight to those QCOM shares.

I'm with you, GO*QCOM. For the next few years at the least <g>.

uf



To: GO*QCOM who wrote (44887)10/15/1999 9:48:00 AM
From: Boplicity  Read Replies (1) | Respond to of 152472
 
To: Gregory Mullineaux (144649 )
From: John Hauser Friday, Oct 15 1999 9:42AM ET
Reply # of 144650

Pick this up on YHOO thread

Behind the numbers reveals this important fact:

Almost all of the rise was tobacco related.With out the tobacco and car price increases the Core rate was up just .01%!!!!
GET a grip investors!

Philip Morris Cos., the world's largest tobacco company,
raised U.S. cigarette prices by 18 cents a pack effective Aug.
30. The 11 percent increase was aimed at boosting profit and
paying for rising taxes and legal-settlement payments.

No. 2 cigarette maker R.J. Reynolds Tobacco Holdings Inc.
said it raised its wholesale prices by the same amount. The price
increases marked the sixth in the past 20 months.

Passenger car prices rose 2 percent in September, the
biggest increase since a 3 percent rise in September
1990. Excluding cars and tobacco, the PPI's core rate rose
0.1 percent.
''Car and truck sales were firm during the summer, and
therefore, end-of-model-year discounting may have been
limited in September,' said Michael Moran, chief economist at Daiwa Securities America Inc. in New York, before the report.



To: GO*QCOM who wrote (44887)10/15/1999 10:23:00 AM
From: Labrador  Respond to of 152472
 
absolutely! as i've said before [at much lower prices], 1 years from now we'll be kicking ourselves why we didn't buy more at the current "depressed" level.