Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.78

0.0%

Dec 26 3:59 PM EST

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To: gc who wrote (64292)	1/25/2000 11:15:00 PM
From: jmanvegas	Read Replies (4) of 152472

gc: I don't care about business as usual. I care about business that is unusual. And the market psychological backdrop regarding rates is not market friendly. QCOM is about the long-term, short-term I think we're in trouble and headed down. I sure hope I'm wrong. And I don't over-react. Just call them as I see them, right or wrong. Am I selling my core position in QCOM - what am I crazy. The earnings were not blow-away - face the facts. And the valuation can be considered stretched in here. As a matter of fact, the valuation for many, many tech stocks are very stretched in here. That's how I see it. I'll stand pat and sit on the sidelines for now. Let others do the bidding. jmanvegas

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