Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.69

0.0%

Dec 24 12:59 PM EST

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To: edamo who wrote (51930)	11/29/1999 2:21:00 PM
From: SpudFarmer	Read Replies (2) of 152472

"one thing for sure about the market......what goes up in time will go down, and if you are short term mentality you better close your ears to the "rah rah" and find the elevator in the lobby, push the up button and get off at a higher floor, before it returns you to the bargain basement!" I am always curious about the statement "...goes up, will go down." in relation to stocks. Yes, they usually do, but the down with good companies is usually small (relativly) and short lived. I don't see the "bargain basement" coming to Q any time soon, whatever the bargain price is. As for time, todays new high can Q-uickly become tomorrows "bargain basement". I guess it is relative to the position of the viewer. BTW: I 'lightened the boat' a little on Q this afternoon. See, although I think we have more room to grow, I'm still a little cautious. Q rocks, just a matter of time...

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