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

To: JMD who wrote (13180)	7/31/1998 3:26:00 PM
From: Thomas Sprague	Respond to of 152472

JDM Thank your time and insight. Tom (long time investor, still smiling)

To: JMD who wrote (13180)	7/31/1998 5:53:00 PM
From: Maurice Winn	Read Replies (3) \| Respond to of 152472

*Boring $$$ and 666 words* Thanks Mike, that's just how it seems to me. I even tried to borrow huge amounts of Yen when US$ = 80 Yen to buy Microsoft which was then pre a couple of splits at $82 I think it was. Sad to say, I couldn't find a lender of Yen. It seemed a shame to leave all that lovely capital formation looking for a home. Somebody else must have got hold of it to build bridges to nowhere with $50 tolls and multistorey buildings in Kuala Lumpur. Now everything you say makes perfect sense to me, but can't we add on a little factor? Namely, that when the Fed prints more, they either give it to Congress or whoever owns the Fed who go shopping for new military communication systems [Globalstar I hope], first class tickets to New Zealand. Madeleine Albright arrives in my home town in 2 hours for instructions on Free Trade, Reduced Import Tariffs, Quotas, Parallel Importing and the need to respect democratic process and rule of law, specifically in regard to nuclear weapons which are instruments of mass destruction. To briefly digress, she will be seeking repeal of NZ's laws banning nuclear weapons, which is odd since our support was sought and given to prevent Iraq having weapons of mass destruction, including nukes. It's also odd since she seemed to object to Pakistan and India demonstrating their facility with this technology. I guess we'll have to go along with Madeleine on nukes to encourage her in free trade and USA trade barrier reductions. India is an important country, so I guess we'll ask them to bring some nuclear weapons here to keep Madeleine happy and that will encourage India to also deregulate their economy and cut trade barriers. She'll be delighted and go boasting back to Bill about how she got nukes into Noo Zeeland and set up Free Trade with India and USA. Montana farmers will be delighted. Bill will phone Ken Starr who will be so pleased he'll let people decide for themselves who they are allowed to you know what with and whether they have to tell everyone in public, in court. Anyway, back on the off topic, Congress goes shopping either directly with new printings or the interest which they get from those who get loaned the SuperDollar as well as the taxes on the interest of all those who earned interest on the multiple birth or cloned dollars. People love going shopping. The USA seems to worry a lot about drugs, which work largely due to habit forming if not addictive effects. Get a taste for it and pretty soon you are looking for a bigger hit and more regular. Imagine smoking 20 a day! But they do. Won't Congress, Bill and all those happy recipients of SuperDollar profits get addicted and demand more? I reckon and they always have. So they'll go on printing more of the SuperD! Please, just a bit more. Just one more, then I'll stop. Except that a lot of voters are a bit hooked too and always clamouring for a new road, Meteor deflection system, SETI project, Grand Jury investigation into the sexual practises of famous people and jail for those hooked on competing drugs. So there is constant demand on Alan Green$pan to supply just a few more big ones. Since inflation is not, he thinks, 'Okay, just a bit more, and those Japs are in the craps, so some for Qualcomm to buy out Hyundai, take a stake in Samsung or vendor finance a network or two.' So up goes the Dow, Nasdaq and Mighty Q because there are lots of cloned dollars all wanting a piece of the action. Yes? So, don't hold cash. Buy stocks! Since the USA has got so much going for it, politically, legally and as the centre of world's technological system, that's the place to invest. A bit like the Roman Empire orbited around Rome, the Pommy Empire around England and, until the bust, the Japanese empire around Japan. Hence Dow 16000 Feb 2002 Qualcomm $80 a couple of hours ago. Mqurice I'll deal with my cognitive dissonance later = how come Q.com is still only on $63 less some 32nds? Gotta figure that out somehow. Meanwhile, nobody took my offer of 'double your money back guarantee' for some reason. Which is a relief to me I can tell you!~ This isn't just to give me a barrel of laughs on a Saturday when I could be rioting at the airport when Madleine arrives. This is to hope somebody who knows = you, or anyone else, points out my mistakes and saves me from going off the rails, losing my money and having to go back to the coal face.