Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 160.87

-3.1%

3:28 PM EST

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To: Maurice Winn who wrote (14264)	8/28/1998 9:33:00 PM
From: marginmike	Read Replies (1) of 152472

I think that this is getting ugly. A guy just jumped off a cliff into the Hudson right down the block from me. I have a friend who ran a 350 million dollar hedge fund. It is no more. There are a lot of people who are really getting hammered out there. so count yourselves lucky. I think that we could see 38-42 range, this market has not straightened itself out yet. However remember after the big drops come the big rallies, and we are in it for the long haul! There is great news coming from Q, if this Ericy news is true. There is also an article in this weeks BW that tells the 3G story. We have to remember its not what price we are at now, but at what price we sell. We only have a paper loss. I just lost a really nice house, on paper, as Im sure others have to. The fact remains that the fundamentals in the USA are still good. For godsakes people are paying 500 a foot for condos on 97th street(for those not from NY thats the wrong side of the tracks). I think we need a little more fear and then the sun will shine again. So stay away from the margin and ride the tsunami! DOW 20000 2004

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