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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (1753)	1/31/2000 10:54:00 AM
From: CAtechTrader	Read Replies (1) of 35685

Voltaire, I could not agree more. I cannot believe how fast QCOM psychology went from Greed to DEEP FEAR. Bottom is in, weak longs are out. This coupled with our posting form SI'S Q board last night says it all. "Reaction to the China news, especially by the shorts will be interesting to watch. I believe most analysts did not have this sort of progress in the China negotiations factored in so soon. For us, its huge, as our valuation model on QCOM is royalty driven going forward. The sooner those royalties flow, the more they are worth. Even we have been caught by surprise over the speed of this development."

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