Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.05

+0.6%

3:59 PM EST

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To: Stock Farmer who wrote (119006)	5/20/2002 10:48:16 AM
From: Jeff Vayda	Read Replies (1) of 152472

John: reI am merely suggesting that we look at shares as an owner, not as a participant in a ponzi scheme. Stocks are a ponzi scheme! You buy stock at a perceived value. You (as a shareholder) have effectively no voice in any of the things that go on in the company. Dont kid yourself that you 'own' 1/X of the company because you have 1/X of the shares. You are along for the ride - plain and simple. Your only expectation should be to sell the share at a later date - to someone who values the piece of paper more than you do. The goal is not to be holding the share when the music stops. Tell any Globalstar or Loral owner otherwise. Oh, buy the way... wanna buy some G* cheap? (LOL) Jeff Vayda

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