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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: Dwight E. Karlsen who wrote (66664)2/14/2000 12:28:00 AM
From: the_rich_janitor  Read Replies (3) of 152472
 
Maybe better charts, but charts don't mean squat with QCOM (bet I opened up a can of worms there ;) - Let's not discuss Q and TA please).

BUT, I would challenge someone to find a company with better low risk growth potential. With greater than 50% sub growth predicted every year for the next five years, I would conclude that Q's growth will continue to surprise the skeptics. That will contribute to increased upward pressure; whether the market goes up or down, Q is going up.

The only people who have lost money on Q are the ones who bought between ca 1/1 - 1/31. I also bought a pinch at 175 and 165 and KNOW that in December that will seem like a steal. If you count my 112 and 117 buys, I am in pretty good position. If your investment horizon is as short as 30 days, I suggest you sell stocks immediately following a 20% loss and move on. Almost every stock I own has experienced a 20-30% dip at sometime. Unfortunately, I nor no one else in the investment community has been able to find a stock with a straight arrow up. If you understand the dynamics and factors around QCOM and CDMA, you should be averaging down at these levels. All a matter of philosophy I guess.
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