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

To: marginnayan who wrote (104829)	9/15/2001 4:14:41 PM
From: Ibexx	Read Replies (3) \| Respond to of 152472

September 15, 2001 U.S. Stock Markets Will Reopen On Monday, Market Officials Say By KATE KELLY Staff Reporter of THE WALL STREET JOURNAL NEW YORK -- Market officials at both the New York Stock Exchange and the Nasdaq Stock Market said they will reopen as planned on Monday morning after tests Saturday proved successful...... interactive.wsj.com ibexx

To: marginnayan who wrote (104829)	9/15/2001 4:21:08 PM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 152472

i think you are missing the big picture. if video conferencing was so cost-effective compared to travel on a cost-benefits basis, cos. would have been doing it en masse before Tuesday. there are a million reasons why cos. have their employees travel that go beyond what can be conveyed on a video screen. why does a salesman have a six-figure expense acct? these activities cannot be done on a video screen. the expenses take place in bars, restaurants and [leave it to your imagination]. thus cos perceive benefits to face-to-face contact not easily replaced by a digital meeting. if cos hire extra guards that they did not have before, that is an incremental cost. if crime fears lead someone to move to a "gated community" or spend 100K to build a brick wall around their house to replace their picket fence, that is an incremental cost. in many cases, these types of incremental costs have no payback other than security, which is not economically productive. that gets back to the higher cost of doing business.