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To: Voltaire who wrote (1606)	1/29/2000 6:16:00 PM
From: w molloy	Read Replies (2) \| Respond to of 35685

Voltaire - re stock price manipulation I hope this isnt just a QCOM thread... What comments can you offer regarding CNXT price movement (or lack of) during the last 15 minutes of trading yesterday, despite the large volume. High levels of trading continued after hours. e.g. 16.21 $ 86.375 1729500 16.21 $ 86.5 500000 See nasdaq.com TIA w.

To: Voltaire who wrote (1606)	1/29/2000 7:13:00 PM
From: RocketMan	Respond to of 35685

Thanks, Voltaire. The best sure-fire way of losing one's money is to bet against the US economy long term. I find it ironic that Greenscam testifies before Congress about the need to pay down the US debt, and uses rising interest rates as a stick to warn Congress, while at the same time trying to stifle the same booming US economy, fueled by technology, that is responsible for the govt tax windfall that is paying down the national debt. Other ironies: The Japanese PM lecturing Greenscam a couple of weeks ago about the US market bubble, and asking what he is going to do about it. The Japanese, of course, are experts at government intervention in the private sector, and their economy shows it: "The country has been struggling for almost a decade with a nasty economic hangover brought on by ex-cessive private-sector borrowing in the 1980s... As a result of countless stimulus packages, Japan's general government deficit has widened to more than 8% of GDP. Japan's gross public debt has become gross indeed, amounting to 128% of GDP at the end of last year, according to the IMF, up from 69% in 1990. This makes the Japanese government the biggest borrower in the rich world, with an even higher public-sector debt-to-GDP ratio than Italy, a long-time champ in the profligacy sweepstakes. The IMF forecasts that, even in the unlikely event that the government slashes its budget deficit to 1.4% of GDP by 2004, debt will by then have risen to a staggering 150% of GDP. That quote is from that well-known anti-US economy rag, "The Economist." At least the Australians seem to "get it:" afr.com.au The expansion is now the longest peacetime business cycle in American history and it is unlikely to end at any time in the foreseeable future because the technology boom has helped it to develop several self-reinforcing characteristics which are apparent in both the financial markets and the real economy.