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

To: slacker711 who wrote (113392)	2/15/2002 2:14:46 PM
From: biostruggle	Read Replies (1) \| Respond to of 152472

The hysteria becomes self serving. J.P. Morgan warned clients that Sprint (FON) is the next telecom in danger of losing access to the commercial-paper market. Accordingly, its stock lost 6%.

To: slacker711 who wrote (113392)	2/15/2002 2:36:38 PM
From: Dennis Roth	Read Replies (3) \| Respond to of 152472

Telecoms Pounded on Big Debt, Slow Growth story.news.yahoo.com Investors feared that carriers with high debt loads may face a cash-crunch after Qwest Communications International Inc. was forced to use its $4 billion credit line when it was shut out of the short-term debt market, analysts said. "With Qwest having to take down its credit facility to pay down commercial paper, the concern is now that Sprint and others will maybe have to do the same thing," said W.R. Hambrecht & Co. analyst Peter Friedland. Irrational fear has replaced irrational exuberance, IMHO.