Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.96

+1.4%

Nov 11 3:59 PM EST

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To: limtex who wrote (71020)	4/21/2000 11:17:00 AM
From: Valueman	Read Replies (2) of 152472

If Cramer is all-seeing, why did you not follow his advice and take a lot of money off the table months ago? It is inevitable that gargantuan companies slow their growth. The laws of compounding numbers always catches up to a company, no matter how impressive that company might be. Berkshire Hathaway will never grow like it did in the past. Its multiple contracted. Cisco will hit a brick wall soon enough. Dell hit a brick wall. INTC really hit a brick wall. It's inevitable. QCOM will see its wall too someday. It is part of the "S" curve that defines the life of a business. So MSFT gets sold off--oh well. So the market goes down some more. Oh well. The market is a pricing mechanism. If the gyrations offer a low price that attracts you, buy it. If the market offers a high price that tempts you to sell, sell it. But buying stocks that are way up in hope of selling even higher, and then wetting your pants when they go down and selling is not a road to riches. Limtex, you now proudly take the crown from resident Chicken Little Ramsey Su. If the NAZ is going to 2,000, why are you not 100% short?

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