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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: Theophile who wrote (8008)3/2/2001 9:19:34 AM
From: Claude  Read Replies (1) | Respond to of 196654
 
MT,

I hope you are right about the Chinese economy. Must admit I was a little horrified at what I heard yesterday in an NPR segment on the Chinese stock exchange. There is a lot of corruption and rampant speculation going on. The part that really made me wince is the fact that the government chooses what companies get listed and practically guarantees they will never go bankrupt. This has lead many to put their savings in the market - a market that went up 80% last year. Can anyone spell B-U-B-B-L-E?

Perhaps others with more knowledge (than 5 minutes of NPR news <g>) can add to this?

Claude (rhymes with TOAD)