Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.28

-1.7%

3:59 PM EST

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To: Curbstone who wrote (55195)	12/20/1999 12:55:00 PM
From: carranza	Read Replies (2) of 152472

Do you really think that Q will be seriously affected in a crash? It would have to lose more than half of its market cap before I start to lose money. I would see it as a buying op. How does the gizmo define a crash? Granted, there is a lot of tulip mania out there, i.e., companies with no earnings worth more than established profit generators, IPOs that simply don't make sense, etc. However, I don't see Q in this light. It has what may become a franchise, has real increasing earnings, high profits and superior management. It is transforming itself from a manufacturing co to one that concentrates on royalties and research. How could it be seriously affected in a crash?

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