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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: Voltaire who wrote (60200)1/6/2000 6:08:00 PM
From: marginmike  Read Replies (11) of 152472
 
OK for all you newbies and some of your oldies I will give my correction spielle. I have owned Q com for2 1/2 years. This type of selloff has happened at least 4 times. In October 87 it was the worst. Qcom in the past would always revist the 50DMA each quarter. Well folks its time again, we will probably see as low as 110 in the AM. At this point BUY THE SHIT OUT OF Q. This has always been the absolute best time to buy Q. I have made my best purchases at this point. Look at it as an opportunity to get a free bee going into earnings. The fundimentals for telecom, Q, and the economy have never been better so the issue here is panic selling. A capitulation will occur tomorrow and then we will be back to the races. For months you have all been spoiled by a stock that only went up. Well now you will have to earn that quillion by holding onto your B#%ls. When you get really woried think about AOL and Yahoo did last year. These are stocks with much less fundimental value. Please if your stress level is low do not watch CNBC or the market. Qcom is not going to tank and not recover. CSCO, MSFT, DELL all had similiar scares. Be smart and dont think about how much you are loosing. If any one gets to crazy please email me I will call you and convince you not to sell. I have lost 4 million in three days if I can keep My head together so can you.
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