Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.05

+0.6%

Nov 19 3:59 PM EST

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To: JMD who wrote (35476)	7/17/1999 12:38:00 PM
From: gdichaz	Read Replies (1) of 152472

Surfer: Yes. The early bird does gather some worms. But it is also possible for the early bird to eat well. G/LOR are major downside examples to being "too soon," as actual events have beat us up very hard. Just a few "exogenous" factors (choke) such as politics and falling satellites, etc. hit. So in retrospect was buying G/LOR when we did a foolish act? For the last month being in already has been good. For the next few years, what? Suggest being in is still good. But then I believe Peter Lynch was correct that a solid investment base permits a few flyers which may do very well or may bomb. And the gain from the winners can far outweigh losses from the losers if sell when fundamentals change. Did the fundamentals change on G*/LOR? I suggest they did not. Just the view of an old man with patience. Onward and upward. Chaz

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