Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.65

+1.5%

Dec 2 3:59 PM EST

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To: goingbroke who wrote (143383)	7/6/2006 1:33:06 PM
From: Eric L	Read Replies (2) of 152472

There be dogs and there be dogs ... << I've been in this dog since it was at 47. >> LOL! I hope that is $47 not long ago, and before it went to $53 and you thought you caught a rocket rather than after. If you entered at $47 the 1st time it hit it in November 1999 and didn't realize you were in a bubble, and didn't take substantial profit in the next 6 months before the tech bubble totally burst and we entered the comms recession than you have my empathy, but an add in summer of 2002 in the trough and in the $11 to $14 range would have cured your blues. QCOM today happens to be well above its 2005 low for those that had the foresight to add or enter then. There happen to be a lot of people here who have entry points below $3 as late as late 1998. If you are a short timer and have any type of medium to long term vision I'd like to suggest you do some serious DD on QCOM and the sector and consider holding this "dog" for the short to medium to long haul. If you make that decision, check back at year end, and tell us what ya did an how that worked out. << On a great day, this stock goes up a little. On an even or bad day it tanks. >> Such be the nature of these mean streets. - Eric -

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