Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.13

-0.5%

9:32 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dougjn who wrote (16063)	10/6/1998 7:00:00 PM
From: Joe NYC	Read Replies (1) of 152472

Doug, So how can the value just disappear? This is why. Say Qcom goes down 3 a share on some particularly nasty day. Who got that money? Nobody. Somebody bought the shares 3 lower. But there was no guarantee they would go back up. There's the future possibility, and yes, likelihood, at least eventually. The 3 simply disappeared. Further, most owners of Qcom didn't trade that day. Yet their stock declined 3 per also. Who got that money? Nobody. But do you care how much dollars you have or how much wealth you have? A share of QCOM is wealth which can translate to different amounts of dollars on any given day, but it remains a (reasonably) fixed percentage of the company. On the day after the stock went down $3, the company made the same number of wireless phones as on the previous day. So in reality, the next day, there is more wealth in the world (one day worth of phone production) than the previous day, even though the conversion ratios (from one form of wealth to another) changed. Joe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next