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

To: KyrosL who wrote (110029)	12/30/2001 5:06:12 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

No Kyros, all companies can't go poof in the night. That's the point. A US$ bet is a bet on an abstract Uncle Al promise to keep the $ steady and worth somebody working for. But that is a single entity which is subject to being destroyed by a single change. A single company or several can and will go poof in the night. The idea of owning the index or a wide spread is that they are far more secure than a currency which is backed by nothing. The index is backed by a vast productive base. The risk premium should attach to currencies, NOT the productive assets of the world. Mqurice PS: Kyros, as you know, I went down the gurgler with Globalstar. I KNOW companies can go poof in the night, in the sky or in cyberspace.