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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.77-4.2%3:59 PM EST

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To: Ramsey Su who wrote (25781)4/1/1999 1:37:00 PM
From: DWB  Read Replies (3) of 152472
 
Ramsey,

"Embraces" is a bit over the top... I don't deny I held ERICY for a long time, and defended them during that period... but in reality my prime interest was the stock's appreciation. I was never wed to them for life. Towards the middle of last year I began to have serious misgivings about their stance with regard to CDMA, and their tactics in general. That, along with an improved understanding of the QCOM situation thanks to Gregg, caused me to sell my ERICY last year, and buy QCOM in January around $50.

I couldn't be happier with the whole process. I got 3 years of appreciation out of ERICY, and am now getting that compounded by QCOM in the span of days...

DWB

On a related note... I take it by today's current 12+ point rise, and the rises over the last few days, that nobody is selling, everyone is trying to buy, and shorts are covering like mad... what a great mixture.
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