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


To: DaveMG who wrote (15137)9/17/1998 4:10:00 PM
From: dougjn  Respond to of 152472
 
If Brazil is forced to devalue in a crisis type situation, I predict we'll be seriously down into the 6000's for the Dow as an immediate response. Eyes would immediately turn to Argentina, Mexico.

Then we'll rally, then we'll figure it really is bad.

Meanwhile, some financial institutions here would show some real distress. Maybe some collapses.

That's the bright side. The gloomy side is who knows?

Seems to me.

Funny on Qcom. After opening very weak with the market, it climbed all morning and kept in the 48+ area all afternoon, despite repeated market dips to below 200 down. Then in the last 7-8 minutes Q lost more than a point.

Doug