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Non-Tech : The Critical Investing Workshop

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To: Annette who wrote (25007)	7/11/2000 2:36:18 PM
From: techguerrilla	Read Replies (1) of 35685

Q makes YOU sick, Annette? It makes me sick, angry, frustrated, livid, . . . . It almost bankrupted me. I had to sell today for personal survival. I'm keeping my "half a million dollar" Sprint PCS "Qualcomm inside" cellphone as a memorial to my naiveté. I fell for that 4-1 split momentum and got greedy in January. What infuriates me, though, is that I didn't recognize the weakness of the late March run-up to 162. "Beat me once. Shame on you. Beat me twice. Shame on me." The drop down to 110 in January was terror. Passing up on the golden exit opportunity in late March was the second stupidest thing I ever did in my life. (The first was marrying my ex-wife. <ggg>) The power of the forces confronting Qualcomm now are astonishing and they have the vagueness of WCDMA on their side. Even the Koreans are now using that vagueness as a bargaining chip. The time delays between Qualcomm's release of inventive technology really give its adversaries time to rally their forces and implement their manuevers. The EU is a damn formidable fortress and the United States lets it frolic unfettered on the U.S. landscape. Oh well. I'm depressed . . . . and rambling. But this is cathartic. I thought I was done porching. I guess not. Still porchin' -john-

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