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

To: deth8 who wrote (103238)	8/24/2001 9:08:16 PM
From: saukriver	Read Replies (1) \| Respond to of 152472

I am planning on pulling out after the next rally (after month end most likely) until things do look like they are underway again on the positive side. I just don't feel comfortable with the economy . . . . Deth, You are too negative, short-term focused or worried. Sit back and relax: --index of leading economic indicators has turned higher --rate of unemployment has barely moved up --consumer confidence has turned up This is not by any means "Nutty '99 Days are Here Again" for the capital markets or the dot-com schemers/analysts. But it is not reason for "sky is falling" type statements or cause for long-term worry. Please remember that rate cuts take about 9 months to filter into the economy, that the Fed started cutting rates in January, and that the rate cuts were steep in January. QCOM has real sales, real big royalties (including those paid upfront by the stubborn Finnish dopes who design colorful fones), and real, real solid prospects for the CDMA future in wireless data. saukriver