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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: John Meares who wrote (68538)3/4/2000 3:12:00 PM
From: MileHigh  Read Replies (1) of 152472
 
John,

>>it appears that you are saying qcom is dead money - that is - it's not a gorilla and the stock price upside is limited.

My comments were based upon your question, "why is the NAZ going up 100 points and Q is not?" (something like that)

My post outlines why Q is not participating "right now", that is, for the ST...So, yes, in a way QCOM is dead money (I don't really like that term though) in the ST.

BUT NO, QCOM is NOT dead money in the LT. It is just not a ST momo play right now. "IF" Dr J had said things are screaming right along, then we would not have missed a step here.

And yes, wireless is a high growth area, thus I still hold it, just a bit less than a few months ago.

I hope that makes sense!

Regards,

MileHigh

PS- It is funny how the written word can be so easily misunderstood. ;-)
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