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

To: J.B.C. who wrote (66282)	2/8/2000 4:10:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 152472

jbc, sunk cost. it is a concept you ought to study. if you pay $100 B for a bond and interest rates jump from 6.5 to 8.5% then your paper loss is what you paid minus what somebody else is willing to pay you for the bond. in an 8.5% environment, people will be willing to invest their money and receive 8.5% return. 8.5% * $76 B = $6.5 B return - the return the original note guaranteed. maybe you hang around too many 7th graders ;-) garbage in / garbage out. your approach to the problem is all wrong.. btw, do you have any tbills to sell me with an 11+% return? ;-)