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


To: Ramsey Su who wrote (6378)12/13/1997 12:36:00 PM
From: SKIP PAUL  Respond to of 152472
 
Ramsey,

I dont see the relevance of your points to the S&L crisis.

However the market had a rollicking time in the 80's. The DJIA moved from 800 in 1982 to 2700 in Aug 1987. The 87 crash had nothing to do with the S&L crisis. More to do with heady rise of the market and perceptions of interest rates inflation and statements made by Jim Baker.



To: Ramsey Su who wrote (6378)12/13/1997 11:36:00 PM
From: Jim Lurgio  Read Replies (1) | Respond to of 152472
 
I had a thought after reading about the many banks that are folding in Asia and was wondering if it could be possible that some of these banks may have been holding receivables due Qcom ? At the very least it may be possible that company's that have agreements with QCOM may have lost their assets and possibly default on payment or cancel some proposals . Any thoughts on this ?



To: Ramsey Su who wrote (6378)12/14/1997 10:29:00 AM
From: qdog  Read Replies (1) | Respond to of 152472
 
Years preceeding 87 were more than single digits. 87 crash had little to do with S&L's. More to do with Fed raising rates, Reagan being question on ability to lead and Baker comments about the dollar. Investor ran the market up to nosebleed levels and got burnt short term.