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

To: DaveMG who wrote (14818)	9/10/1998 2:59:00 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 152472

Dave, you have repeated exactly what I have been trying to say. There are indeed a lot of noise these days but one can logically deduce the "news" to a level that is understandable, as long as you keep asking the question - what would it do to revenue and therefore earnings. If you have a QC CDMA phone, you should be able to filter out the noise. Then there are pure noise that you just kind of laugh and disregard. As an example, one brokerage was recommending KO yesterday. I don't follow KO but logic dictates that the global growth rate for KO got to be hit real hard, considering the cost of the KO name in comparison to any local cola. Sounds like a clear case of pump and dump to me. For QC, this fiasco is quantifiable because it will delay handsets and gateways. Then there are other indicators, such as this Clinton thing, that you simply have to arbitrarily decide whether it is a positive or negative. The clearest message, in my opinion, still lies in the upcoming earning warnings or lack of. Ramsey

To: DaveMG who wrote (14818)	9/10/1998 3:25:00 PM
From: dougjn	Read Replies (1) \| Respond to of 152472

The bad thing about the Euro, potentially, is that it could become a rival reserve currency. The US runs big, and getting much bigger, balance of payments defecits. Our debt to the rest of the world gets bigger all the time. Meanwhile, until recently all our own money has gone to equities. Well, if people decide that they want to hege their dollar reserves by replacing some of them with Euro reserves, that will put downward pressure on bonds, upward pressure on our interest rates. And would not be good at all. Nothing dramatic is likely to happen soon. But even some significant swing at the margins, perhaps combined with alarmingly balooning US balance of payments, will hurt at the margins. Doug (chicken little2)