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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.08+1.8%Nov 28 12:59 PM EST

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To: Jon Koplik who wrote (12546)7/18/1998 1:26:00 AM
From: Joe NYC  Read Replies (1) of 152472
 
Jon,

I do not believe that an endlessly flat to down price for something is good news for buyers. They have to be EXACTLY correct that the whole rest of the world will later prove wrong.

You worry about the price of stuff that you were buying going up when you plan to be a seller. I guess Buffet assumes that there is a significant period of time between the time you are a buyer and the time you are a seller.

Joe
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