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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 182.19+3.5%3:59 PM EST

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To: Randall Knight who wrote (60996)1/9/2000 1:05:00 PM
From: Jon Koplik  Read Replies (1) of 152472
 
Re : gaining a reputation as a "stock guru" because of your history in ... QCOM

Yes, my wife and I have experienced almost exactly what you have described (as have (also) some people further down the "multi-level marketing scheme" (example - our next door neighbor))

What I am now telling people might be "the next one" is Globalstar.

There is, however, one BIG difference between this recommendation and Qualcomm (two years ago) :

With Globalstar -- I always make sure to tell each "tipee" that GSTRF will either go to zero or up sharply, and they should only put in an amount of money that would not ruin their life (or upset them too much) if it disappeared.

With Qualcomm (two years ago), despite my constant awareness that "anything is possible" with investments, I actually never did feel the need to warn people that it (QCOM) might go to zero, because the case that people like Gregg Powers had laid out (in such excruciating detail) right here on SI made it seem that $40 or $50 on QCOM (before the subsequent 8 for 1 splitting of the shares) WAS effectively zero, given the realities of Qualcomm's business.

Jon.

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