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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.33-1.0%3:59 PM EST
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To: Ramsey Su who wrote (14974)9/13/1998 9:48:00 PM
From: gdichaz  Read Replies (1) of 152472
 
Ramsey: Owe you a reply re your Q price point. Sure, the price of the Q has not gone up much over the last couple of years. Maybe if I were a genius like some of you here I would have made more if I knew when to get in and when to get out rather than hold. But how was I to know when to do what? True ain't made much yet but have at least a year - or more likely many more than one year to go. That is what counts with me. Given the odd confluence of events which converged to damage the overall market and the Q specifically, you can point to the past and say it was unwise to hold throughout the last year plus. But how did you know in advance that would be so? Know you have been saying the sky is falling and it has - at least some - but ain't reached the ground yet and I for one expect a very different next 3 to 5 years for the Q. Will that happen, damned if I know, but the trends in wireless are there, the growth of CDMA is there, the Q is in the catbird seat, so I pays my money and I makes my choice - as an individual - making my choice for myself alone. You will make yours. For me, onward and upward. It has worked well for me in the past so I will continue with my style. Wish you well with yours. Chaz
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