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

To: Uncle Frank who wrote (99593)	5/21/2001 12:36:16 AM
From: JGoren	Read Replies (1) \| Respond to of 152472

One of the ironic things will be that as qcom heats up in a year or so, PE's will have to be readjusted as interest rates rise. The big problem for the economy right now is the energy price rises and whether that will trigger a consumer downturn. It hasn't yet, but it takes some time for the consumer to adjust his spending because gas and electricity are taking so much more out of the budget. On the other hand, I feel that some of the widely circulated prediction for gas prices this summer are excessive.