Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jon Koplik who wrote (16561)	10/15/1998 4:39:00 PM
From: kech	Read Replies (2) \| Respond to of 152472

Calling Chicken Littles... Is it ok to buy yet? :-)

To: Jon Koplik who wrote (16561)	10/15/1998 5:15:00 PM
From: Andrew N. Cothran	Read Replies (3) \| Respond to of 152472

And, in the foreign exchange markets, the dollar got slammed again as soon as the news hit the fibre optic wires. Down against the yen, the deutchmark, the pound, the swiss frank, the eurodollar, not to mention gold. What is this telling us? That the dollar, with lower interest rates to investors, is cheaper than it was with higher rates. That international money is running away from the dollar because it smells trouble brewing. That behind the rate cut (a surprise to all markets everywhere) is a very worried Fed. Worried about what? More hedge fund collapses, more declines in the stock market because of a looming liquidity crisis, more what?