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

To: Jill who wrote (60561)	1/7/2000 9:12:00 AM
From: RocketMan	Read Replies (1) \| Respond to of 152472

high growth, more jobs, if continued high growth why is that bad? Because Greenspan doesn't see enough homeless people around to shine his shoes; they're all gainfully employed "-) This high growth --> inflation spectre dates back from the foundry days; it's always been that way, a boom followed by inflation followed by a recession followed by the Fed throwing money at it and curing it, leading to another boom. It's going to take some time for the economists to cope with high growth due to higher productivity, higher efficiencies, technological enhancements, population growth, and baby boomer money. In the meantime they will keep trying to squeeze the lifeblood out of this economy, and will probably succeed in doing that, but probably by causing deflation. If that happens they will wish they had good old inflation back. Oh, the futures might be around 7 but fair value is way up there around 13 or so, so that is still negative. Can't wait for sailing season to begin again.