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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.32+0.3%Dec 8 3:59 PM EST

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To: Keith Feral who wrote (113925)2/21/2002 8:13:57 PM
From: waverider   of 152472
 
Keith, I've learned from the childish behavior I exhibited when I was punch drunk from QCOM appreciation that emotions and ego are the two worst enemies for achieving success in the market.

We've all lost a lot of money Keith. Fortunately some of us realized our mistake and cut our losses. Yeah, I got out a year ago...but not until most of that 1999 appreciation vaporized. Sleeping has been a lot easier as a result. Unfortunately, others continue to ignore what the market is saying and watch their hard earned money vanish daily. I don't know where you are on the spectrum, but the pain I felt was not something I want to experience again.

My posts here have been rational and measured since I got my head handed to me and understood the meaning humility. I don't swoon when I see a cell tower anymore and don't blush when I look at my autographed copy by Irwin of QCOM's annual report. The report is filed away, I wear my Q shirt to pull weeds and I give a lot of credit to Mucho, Skeeter and the rest who warned ALL of us that QCOM was overpriced and would eventually collapse.

My God Keith, we still have people here talking the same way they did when they hung onto GSTRF with NO clue about how to manage market risk...and singing money flow numbers as if they are manna from heaven. I just don't get it.

Good luck to you whatever happens to this company.

wr
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