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: Uncle Frank who wrote (103636)	9/3/2001 7:53:49 PM
From: Stock Farmer	Read Replies (1) of 152472

UF, I have no position in Q. Short or long. Call me irrational but I do not adopt short positions as a matter of principle. This whole bubble collapse has taught me that maybe I could be more wealthy if I took short positions. But irrationally I just don't like the concept of betting against a company. I would rather bet for someone I think is a winner than bet against someone I think is a loser. So, that limits the universe of stocks in my portfolio selections to those which I think have upside or income potential with capital preservation. Q isn't one of them. I hope my lack of position doesn't disqualify me from having and articulating an opinion. Indeed, mine is almost exactly the opposite of the "It's a great buy and I have some". John.

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