CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 173.60

+0.1%

Dec 30 3:59 PM EST

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To: Ramsey Su who wrote (1177)	11/20/1996 11:55:00 PM
From: Maurice Winn	of 1819

cnnfn.com more on alleged brain problems with cellphones. I say a lot of rot, but people go on about it. Ramsey, like you I'm cautious. I have to assume the Dow and Nasdaq can halve, to clean out all the heavily margined gamblers. I have no intention of being in that category. Once a real fall gets going, I can imagine it could become self-sustaining until bedrock solid shareholders with spare money take up all the slack. So I'm not prepared to take the chance. Most old hands have seen markets hold against the inevitable for an amazing time before finally going with a rush, either up or down. So I'll just bide my time. No LEAPS for me. But like you, I think the stories focus on the earnings being down, which is bordering on amazing considering the profit is so insignificant it is irrelevant. These people claim to be analysts! But I don't care. The share price can stay on $20 and I'll just bank dividends now that sales have at last become substantial. No more bare order books and wishful thinking!! Maybe they should put in a third shift on Xmas day!! Maurice

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