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: marginmike who wrote (36492)	7/21/1999 6:54:00 PM
From: DWB	Read Replies (2) of 152472

"I dont know why everyone isn't mad, they botched up the whole offering." I don't know about anyone else, but from my perspective (which is long) I'll look back on all the hand wringing from today 3 months from now when the stock is bouncing around $200 and get a chuckle. I'm amazed at how the management team goes from geniuses to idiots in the span of a single trading day. I'm also willing to give them the benefit of the doubt for the time being, given the results I have to date. I also haven't seen anything on the definitive price for the offering, and will reserve judgement on that until then. My thought is that they are doing this for a reason, and that rationale will probably materialize in the middle of a Gregg Powers post sometime in the next week or so. Until that time everyone with a day/week/month investing horizon should either take a pill or a deep breath. Just my $0.02 Eudoradollars... DWB

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