Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: Michael who wrote (33214)	6/25/1999 1:14:00 PM
From: Ramsey Su	Read Replies (4) of 152472

Michael, Shorting is not gambling when done correctly gambling is very lucrative, when done correctly. Why do you think casinos ban card counters? MSFT is yesterday's company. At 24+ times SALES, the company has zero chance of regaining its monopoly status in the new world. Do you really think that a company with $20~billion in REVENUE is worth $430 billion market cap? Let me ask you, would you invest $430 in a business that generates $20 a year in REVENUE, with a 20-30% growth rate? It is an easy short on down trends. Speculators who used to chase MSFT are now chasing the internuts. One should not short stocks like msft, lu, or qcom Frankly, I think it is an insult to QCOM to be mentioned in the same light as MSFT. LU is over valued but it will probably hang in there for a while with very very little upside potential. QCOM, on the other hand ........ Oh no, I am going to get a lecture from that IBEXX again. Ramsey

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