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

To: David E. Taylor who wrote (81249)	9/22/2000 6:31:21 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 152472

OT: We can afford 40$ oil, without much problem, in the New Economy. I'm not using much oil, sitting here in Anchorage, Alaska, typing a post to you. The main problem is the risk of a sudden shutoff of supply. The political base of the Saudi and Kuwait rulers (=swing producers in OPEC, with most of the reserves) is even narrower than the Shah had. Their social and political structures were going obsolete by the 1700s. Sooner or later (in 20 years? tomorrow?), there will be a revolution there. The U.S. Army can't defend against that. This is exactly the kind of "exogenous shock" that is impossible to predict, and would drop QCOM (and everything else) by 30%. Of course, for QCOM, that's just normal daily volatility. And this is all preventable, with a little advance planning. "Why should I get off the tracks, the train hasn't hit me yet?"