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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.82+0.5%11:24 AM EST
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To: Wyätt Gwyön who wrote (104597)9/14/2001 10:21:42 PM
From: Roadkill  Read Replies (2) of 152472
 
>>the long-term buying opportunity i would look for, whereby i could expect fundamental returns from equities to include a historical risk premium of some 7% over the risk-free rate of return, would require equities to be much more reasonably valued than currently. currently, it looks to me like the equity risk premium is at or near zero. i still expect a multiyear devaluation toward historical norms.<<

Whatever. F*ck the "equity risk premium" and all that goes with it. I'm not selling a single share Monday for one simple reason: IMO, to sell is unAmerican, unpatriotic and weak. We need to focus on the bigger picture. For those who think that money is the bigger picture, well, you lead more privileged lives than the rest of us. I'm holding every share of every company I own for the foreseeable future. I'll even buy more. Why? To make a point to the world's terrorists in my own silly way: You can't scare Americans, so don't even bother trying. What's the worse that happens? I lose all my money? So what? I'll make some more. Tell those kids that just lost their fathers and mothers that you're afraid to lose all your money and they might have a different response. Be prepared for an extended military engagement that will certainly end up involving some Arab nations who feel we've gone too far. At least I can look my kid in the eye one day and say that we cleaned up the world of this cowardly form of attack known as terrorism. Take my money. You can't take Americans' spirit.

RK
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