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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST
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To: Uncle Frank who wrote (58384)12/30/1999 9:06:00 PM
From: The Reaper  Read Replies (1) of 152472
 
Something has really been bothering me lately. Last quarter at this time we were eagerly anticipating the close of the quarter and trying to determine what Q! had earned in the final fiscal quarter of 1999. Here we are at the end of the fiscal first quarter and not one, NOT ONE, post has even mentioned the earnings picture for the first quarter. All I have been reading about is 3/8 retracements, gaps, and $1000 price targets based on IMO some pretty pie in the sky valuation models. Now, I believe in the value of TA, and JWCB has been pretty damn good and I love the Q! It has changed my life, but I sold all my non-taxable Q! on the open this morning. It was like selling a child. I PM'd Voltaire about my concerns. 200 point up days, c'mon. I've only been in Q! since April. I'm not one of the long suffering players that has owned Q! during the holy wars and has since been vindicated. Our thread has lost sight of the importance of DD IMO. The Q! has a wonderful future ahead but this is insanity! Uncle, I'd be very curious as to what your friend the psychologist thinks about the group-think phenomenon for us at this point. There is no need to flame, but we need to take a breath.

Respectfully,
kirby
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