Qualcomm Incorporated (QCOM) Message Board

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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: Jeffry K. Smith who wrote (59969)	1/5/2000 11:53:00 PM
From: Douglas W. DeVries	Read Replies (3) of 152472

To the board (FYI): I received this E-mail today from Bill Mann at the Motley Fool in response to my e-mail to him re: his write-up on QCOM yesterday. Bill in fact admitted that he owns Q. See Bill's email below: I'd own QCOM over YHOO any day, too. In fact I do, and I am no fan of YHOO, particularly not at these levels. But there is a big difference between owning an overpriced stock and buying one. The returns the RM port has in YHOO are pre-existing, and in my opinion, unearned. Nor am i a fan of such rapid appreciation for any company, particularly not a good one. I know all about the technology, but the price target put out by Piecyk was completely unreasonable. It inlcuded a 17% of QCOM returns in ASIC, which should tell you how aggressive his handset sales were. I believe in Qualcomm, I don't believe in the current price. Not yet. Regards- Bill Mann

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