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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.33-1.0%3:59 PM EST

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To: dougjn who wrote (14849)9/11/1998 12:55:00 PM
From: bdog  Read Replies (2) of 152472
 
doug, I was mostly just kidding. You can call yourself Chicken Little 2 if you want even though I beat you to it (sold at the high for once). Owing partly to Chicken Little One's prescient posts by the way - Ramsey you are the man!

Like you I feel free to change my mind and trade on a dime whenever. At this juncture though, just with Q and only up to 15%, the rest being in cash equivalents. Bought a little at $45 on Wednesday in fact.

My crystal ball still fuzzy - see possible 29 style crash with somewhat less likely 30's style depression (in which case even wireless telephony and internet access could play 2nd fiddle to other needs, e.g., bkfst, lunch and dinner. OTOH if Japan gets real with its issues (the primary linchpin of the whole enchilada IMHO) then our slumbering bull might just get back on its hooves for another extended although perhaps initially faltering run.

Respecting the Q, I think there is potential upside with the next results, with Ericsson folding its ultimately weak hand and/or with Gregg's worst case scenerio, a takeover by a large well capitalized friendly, e.g., LU. After two and a half years of mostly loyal and patient support, I'd like to be in on that little runup whatever it is based on.

Do you know when the Q's results are due? When is the date of record for Spinco? I'm going to be cycling in Europe late September thru mid October and feel the need to take some kind of stand b4 I go. All thoughts and advice (even from Maurice) would be appreciated.
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