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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: Gregg Powers who wrote (11317)6/9/1998 5:32:00 PM
From: limtex  Read Replies (1) of 152472
 
Gregg - sort of OT and sort of on Topic

Whatever the outcome here it seems to me that your clients are in very good hands.

Like many newcomers to investing I've had my emotional ups and downs expressed here to vent some frustration. Only a short time ago this kind of correspondence was not even a dream for any of us. Now it has become an essential part of our lives.

I was interested to see two lists of the ten best performing stocks over the last ten years one for the US and one for Europe. The US one was very heavily tech weighted the European one was headed by a package tour operator and there were others like it in the list.

It struck me that anyone can start up a tour operating company. You don't need seriuos R&D or the engineering brains out of the California universties or MIT or a bunch of engineeers from Intel or another major leaving to start their own operation with an idea they've had.

Equally to be an investment banker or advisor in this environment in my view you need to be willing, able and happy to make use of all this fantastic new gadgetry that once again wasn't even a dream twenty years ago.

You obviously enjoy the immersion in the technology and make use of it in your every day life whereas some investment bankers/advisors I have seen in Europe revel in the fact that they are computer illiterate. Running a laptop with a mbile phone takes some doing to get it all working on an every day basis. Not that its difficult but in my view as of today you need to be a little keen to get it going.

Anyway I am getting an education from SI and to some extent Yahoo. I must say that I've given up on Motely Fool for anything that I can get on SI ot Yahoo. I don't say an education lightly...OK a little knowledge isa dnagerous thing but no knowledge is even more dangerous and its also boring. I've had lquite a few comments recently especially from younger people asking how I manage to keep up with "all this". Sorry SI but I didn't tell them.

Now your posts seem to me to be very soundly commerically based as well as highly technically informed and I and I'm sure others here are very grateful.

Best regards,

L

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