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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%3:59 PM EST
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To: Morgan Drake who wrote (36897)7/23/1999 6:42:00 AM
From: Hassell Anderson  Read Replies (3) of 152472
 
Who cares if this board is happier? The last few days have demonstrated that most of its participants don't understand the purpose and functioning of capital markets. The market exists to set the cost of capital for companies, and to provide the capital they need to fuel their growth. QCOM raised capital when its cost was very low. Its a smart move.

I gave up particpating on SI a long time ago because it was a waste of time. The threads tend to degenerate into adolescent food fights. However, I've lurked on this thread because it was fairly informative about QCOM. This is no longer true. I think I'll remove it from my bookmarks.
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