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Technology Stocks : The New QUALCOMM - Coming Into Buy Range
QCOM 174.01-0.3%Nov 14 3:59 PM EST

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To: thinkclear who wrote (1035)8/21/2007 10:55:20 AM
From: manalagi  Read Replies (1) of 9129
 
I might have just do that. I do not see any appreciation of the stock in the near future. If I were a savvy investor like carranza, I would have liquidated all (not just part) of my holdings when Paul Jacobs sold at 45. Having a cost basis at $ 8 and keep holding when the stock is behaving like a falling knife is foolish.

The current management does not seem to care except for thier own pocket. Morale is very low since all the stock purchase plan is below what they paid, even with a 15% discount, and employee's stock options are worthless. How can you innovate when your mind is being bothered by financial erosion?

Management has to do something, at least stock buy back. The silence is deafening. We know now that Paul Jacob is not ready (if ever) for prime time.
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