Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.02

+1.2%

2:34 PM EST

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To: Wyätt Gwyön who wrote (108908)	11/20/2001 2:52:17 PM
From: Uncle Frank	Read Replies (3) of 152472

>> that is the difference between fundamental value and quotational value. Allow me to point out another difference. "Quotational value" is a statement of fact at a given point in time, whereas "fundamental value" is an opinion based on an array of assumptions and unavoidably influenced by the preparer's personal biases. >> a bear, or rather a rational person, looks at fundamental values... A rational person/investor wouldn't be a bear or a bull. The rational approach would be to remain neutral, and attempt to capitalize on imbalances in the market. >> crappy stocks like we have in certian amreican IT cos can rally like hell... but that doesn't change underlying value 1 iota. That's true, but there will also be rallies in good stocks that will be sustainable. The 18 month bear market hasn't changed their underlying value 1 iota. uf

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