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D2

10/29/02 12:24 PM

#39375 RE: Zeev Hed #39370

Out of QCOM @ 33.17 +.84.

D2
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wahz

10/29/02 12:34 PM

#39384 RE: Zeev Hed #39370

Zeev,

John Berry of the Post, who put out the fed cut story this weekend, has a very reliable pipeline to AG. When he writes a story saying the are likely to cut, you can be almost certain that they will cut. In fact, I am not aware of a time that he has put out a story like this, that his info was wrong. If you haven't done so, you may want to read the story. It is really very clear they will cut. The question is only whether it is next week or in early Dec.

What will the market reaction be in your opinion?

http://www.washingtonpost.com/wp-dyn/articles/A19446-2002Oct25.html