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: Stock Farmer who wrote (103639)	9/4/2001 12:27:20 AM
From: Uncle Frank	Read Replies (1) of 152472

>> 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. From what I'm told, that's the same reason the "come" bet is much more popular than the "don't come" bet at the crap tables. Same odds, but a very different psychology. On the other hand, winners are in very short supply at this juncture, so if you feel absolutely sure a stock is going to tank, why not profit from it? If you detest margin plays, as I do, and that limits you from going short, you could always buy putts, which have the advantage of a downside limited to the value of the premium. >> I hope my lack of position doesn't disqualify me from having and articulating an opinion. Certainly not, but I do relate the backing of an opinion to the measure of conviction. uf@verylongqcom.com

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