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

To: Jon Koplik who wrote (62184)	1/13/2000 10:01:00 PM
From: jmac	Read Replies (1) \| Respond to of 152472

Wall Street's reaction: Globex holding firm ever since Greenspans remarks were made. I don't think he said anything different than what he said before and I think everyone is just getting used to it. I do have a suggestion to Mr. G though. Interst rate hikes won't slow this economy down. It's not targeted at what is creating the unusually high demand that he sees. If he want s to slow the market down, he needs to change margin rates. That's a Fed function also. That will slow the speculation in the market and thus slow down the rate of increase in demand.

To: Jon Koplik who wrote (62184)	1/13/2000 11:00:00 PM
From: Kenneth V. McNutt	Read Replies (2) \| Respond to of 152472

OTOTOT Thank you, John, for the transcript. My general comments, if I may. "Both the administration and Congress have chosen wisely to allow ... budget surpluses to build," which he said had "absorbed a good part of the excess of potential private demand" by keeping money out of taxpayers' wallets. 1..This is one of the most self serving, ultra liberal statementsI have ever read. It states specifically the taxpayer is not to be trusted with money, his money. Take it away in confiscatory taxes and all will be well. This had to be written by one of Slicks writers, or at least strongly suggested to Al by Slicks cohorts. I, and, I believe, a few others could use that surplus to pay for those prescriptions the government has driven out of the reach of millions. It is also a veiled(not much) threat if effort is made to reduce taxes he will increase interest rates to fight his inflation bogey man. HEAR THIS YOU PRESIDENTIAL ASPIRANTS!!! 2..What surplus??? "I trust that the recent flurry of increased federal government outlays, seemingly made easier by the emerging surpluses, is an aberration," Mr. Greenspan added, perhaps sarcastically. He has got to be kidding. But Al has never been known for jollity. He should open his eyes when he testifies in front of Congress and see what is really going on. Each tax increase diminishes our freedom just a little more. We now work almost 6 months of each year just to pay taxes to the Fed so Bill and Hillary can run our lives as they see fit. If you want some of your money back do as the gov't says or else.. nothing. Excuse my rant. Sorry if I offended anyone except the ultra-liberal, welfare idiots who know better than yourself what is good for you. Go Qualcom. I need the money to pay for my Zolloft. Ken