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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.49+1.5%12:39 PM EST

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To: limtex who wrote (81115)9/21/2000 9:10:39 PM
From: waverider  Read Replies (4) of 152472
 
L...we've been through this before with QCOM. Who the hell knows what is going to happen tomorrow. I don't know anyone around here who was warning about this one. Everybody I read was patting themselves on the back for being so smart for buying under $70...QCOM that is.

Other than the downtrending market of late, this one came out of the blue.

I felt around 3750 was the bottom NAZ the other day and put my mutual fund money back in. I never bought that post-Labor Day rally garbage and had some cash to pick up some bargains. Never had so much fun painting myself into a corner. LOL!!! Sorry mm, I had to.

Well then, will those bargains seem expensive tomorrow? Maybe. But there is nothing we can do about it except maybe pick up something with cash on hand. I really doubt we are going to crash like you suggest. Maybe a quick rest of Monday's low or the low from then end of July...but a 20% drop tomorrow? On the other hand...maybe we could pick up QCOM in the low 50's then. What a gift.

The point here is our company is strong and if the market provides us a gift why worry about it? Why not take the damn thing (Q on the cheap) and be happy?

Just a matter of perspective.

Just don't panic tomorrow.

Good Luck,

Rick
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