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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.67+1.6%Nov 12 3:59 PM EST

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To: Craig Schilling who wrote ()11/18/1999 12:16:00 AM
From: eikos  Read Replies (8) of 152472
 
This thread had been reduced to the depth as a mudpuddle. Do you people understand that QCOM is a startup? ?An aggressive startup? I believe is what Irwin said. Or something like that. Q is the King of CDMA. But they are building the business from there. Soon there will be 1X. HDR. 3X. Direct Spread. It?s all in the future and there are no guarantees. Q has the solution. But the markets aren?t sold yet. For all of you who have bought this stock because of the split. Because your brother in law said he likes his thin phone. Because you wanted to take the ride to $700 because Voltaire told you it would happen. I can only say this. You are lucky. You fell in a bog of poop but may come out smelling like a rose. But it has nothing to do with your reasons for buying the stock. QCOM?s research on the future of portable devices will carry this stock. Lots of risk. Just like the guys who bought the stock five years ago took huge risk on the acceptance of CDMA, anyone holding Q here is betting on the validity of Q?s research and approach to the market of the future. The market of the future is unknown. Money is not in the bag. At $342 we are all taking huge risk and throwing our faith behind QCOM execution. I understand Q?s plan for the future and even the newest chip set solution which is awesome. But I also know the risk. Those Quillionaires who held through thick and thin for the past five or ten years had to have incredible conviction. The new holders of Q must have the same conviction to get them through the next five years. The story of Q hasn?t been completed yet. If you want to be a ?Quillionaire? and you didn?t get the pop from $20 to $340, then be prepared for the risks that most Quillionaires took. The future is not clear. If it was, you would never have the chance to go from $340 to retirement in five or ten years. Bet the farm if you have the nerve. But be prepared. Nothing is a dead cert. At some point this stock will tread water. 30 point days will seem like a dream. The majority of people aren?t going to get rich easily. It?s a law of nature. Unless you?re lucky of course. And I?ll be damned if there aren?t a lot of lucky people out there. And yes, I?m long the Q. Call me lucky.

Looking forward to the next two years,
Eikos
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