Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.03

+1.0%

Nov 24 3:59 PM EST

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To: Bux who wrote (9606)	4/3/1998 9:45:00 AM
From: rhet0ric	Read Replies (2) of 152472

As to when to get back in, take it from someone who thought 62 or so was a good entry point months ago - yes! a good time to enter :-) I agree: you (doug) don't want this stock to get away from you. It may never see this level again. I bought at $45 last fall, sold at $61, and then watched in horror as it went to $71. It wasn't until I had sold that I realized how much I like Qualcomm: excellent technology, smart management, lots going on to position itself long-term, entering the consumer space, etc. Not having held through the October and February crashes, I was very happy to see the $40s again. My take on QCOM is that it has redundantly corrected for Asian weakness, weakness that has turned out not to be that big a deal in the first place. This time I'm going to follow Gregg's advice (thanks for all the great posts, btw) and take the long, long term approach to QCOM and hold for a long, long time. rhet0ric

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