Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 169.45

-2.2%

12:23 PM EST

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To: qveauriche who wrote (116597)	4/12/2002 4:05:12 PM
From: sea_biscuit	Read Replies (3) of 152472

qveau..., no I don't have any details but that doesn't mean the chapter has been closed. I am always skeptical when I see stocks climb 400%, 1000% or 2600% in a single year. Mere investor madness cannot make it happen. There has to be "help" coming in from all sides... As for the unraveling of the PCS' 1X deployment plans, please point me to the posting of mine where I commented on that. Because, to me, that is really irrelevant. A lot of the good stuff that was imagined about the RCA in the 1920's, actually happened in the later years. And what's more -- some good stuff that was not imagined, happened too. And yet, we saw RCA being picked up by GE, almost sixty years later, at a price 60% of its all-time highs in the 1920's. So, the bottom line is -- I don't care whether things are on track or not. Once valuations get out of whack, it doesn't matter one way or the other. Nothing can save you from the curse of high valuations. Nothing.

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