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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 172.94+1.1%Jan 2 3:59 PM EST

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To: marginmike who wrote (125464)11/14/2002 1:55:22 PM
From: Andrew N. Cothran  Read Replies (2) of 152472
 
Marginmike: It's all psychological with QCOM in the minds of the haters. And their psychology stems from their experience.

QCOM ran away from them as they getting ready to fish.

It then lured them on at a very high price and getting higher..

It then turned on them just after they bought and were getting cozy with the idea of being one of the smart onces who knew a good thing when they found it, even if they did climb aboard late in the game.

QCOM then turned, as spiking stocks tend to do and then ravaged them as a shark ravages its prey.

It then let them slowly bleed to death, sapping all of their energy, so that they could be eaten at leisure.

And then, just as they had resigned themselves to the lure of the short side, thinking that the now-resting shark was vulnerable, it turned again, playing with them every day, soaking up all their small change as any fickle teenager would do with her sometime date.

And, once it had exhausted their last remaining reserves, it turned and once again began its rapid climb upward, leaving them all behind in a feverish attempt to cover their shorts.

Yes, Everyone (no not everyone) hates this stock and don't get it.

Too bad. Too sad. But they should have known better.
You don't play around with QCOM unless you like dangerous games. You just latch on and stay the course. This fish can swim. And it can take you with it as long as you are friendly.
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