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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: Uncle Frank who wrote (101279)7/5/2001 2:04:27 AM
From: Maurice Winn  Read Replies (2) of 152472
 
<Are you morphing back into a bull?>

I am far less inclined to sell now [to reduce margin]. I also heard via PM [from the horse's mouth, not hearsay] that one of the thread's favourite hate-object bears has BOUGHT QUALCOMM stock after the Nokia agreement. I don't think anyone is going to get a bargain [note 1] in Q! anytime soon in the absence of an all-out market rout. If I'm not selling [to further reduce my Globalstar-inspired high margin] and bears are buying, I think that's a signal.

Anything under $100 will be a supersonic bargain in a couple of years. $150 will be very, very, well repaid. $200 will be a reasonable price. $300 right now would be a fairly-priced NPV for this, the most amazing company and technology in human history. Hic...giggle...Okay, happy 4th July and DON'T have another civil war!!! Here's to freedom and all that [low taxes would be nice too].

Full of bull,
Mqurice

1.... A bargain here being defined as a price under $50 a share.

Edit.....

Hay!! Who said you could put this post in SI highlights? Message 16031408 I demand copyright payments...

Hay makes the bull fat
The bull makes the cow fat
The cow makes the butterfat

[Childhood saying from down on the farm]
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