Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.20

-3.3%

3:59 PM EST

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To: Art Bechhoefer who wrote (26347)	4/7/1999 10:18:00 AM
From: Bux	Read Replies (3) of 152472

Art, the road is littered with people who tried to short MSFT and lost. I've had my doubts about the company over the years but I'm glad I didn't listen to them, MSFT has returned over 100 fold over the last 10 years. It's a track record that's hard to argue with. I expect the Q to multiply my initial investment about 20x over a five year period. If it does more, great, it would be the ultimate demonstration of management's ability. My average cost in the Q has already appreciated nearly 3x. It needs to double less than three more times to reach my expectation of 20x gain. It is a extremely rare trader that can consistently produce these kinds of gains by buying low and selling high. That is why I quietly smile to myself when people come in here wondering if now is a good time to sell. Bux

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