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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST
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To: Jorj X Mckie who wrote (113324)2/14/2002 9:39:01 PM
From: sea_biscuit  Read Replies (1) of 152472
 
The fact that QCOM bulls react so emotionally to opinions that differ from theirs should be a big red flag.

Very true. They are in love with the technology and the stock. What they talk about are mostly pie-in-the-sky schemes and they don't seem to realize that things can go wrong in so many ways when a stock is overvalued and hyped to the extent this one is.

I am pretty sure that this one will underperform VTSMX (total stock market index) or IWN (Russell 2000 value index) over the next 1, 3, 5 or 10 years, take your pick. It is so obvious that it is inevitable. There are some people much more knowledgeable than me who are making my case more forcefully. When even they haven't failed to get their point across, one has got to throw one's hands up and just wait for the passage of time.
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