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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.810.0%Dec 26 9:30 AM EST

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To: Ruffian who wrote (11714)6/23/1998 8:07:00 AM
From: Jon Koplik  Read Replies (2) of 152472
 
Michael - I personally am "here" on Silicon Investor to help "steel" myself when a large portion of the investing world is collectively trying to tell us we are "wrong" by believing a company growing at 70% - 80% plus per year ought to be worth maybe as high a price to sales ratio as the S&P 500 (!) (What a concept...)

It is difficult to "keep the faith" (a line I think J Scurci used here a few months back) when one is endlessly bombarded with propaganda.

Regarding "is it buying time?" : well, QCOM is below $150 a share, so I think it is buying time.

Jon.
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