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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (7129)7/25/1999 10:22:00 AM
From: Allan Harris  Read Replies (1) | Respond to of 15132
 
I'm surprised you used the word "cheap" to describe a stock that has just moved up from $35 to $154.

Yea, me too....must have been all that mingling with the riff raff at the Hootie concert the night before......they only sold beer, and an abomination called "Bud" at that and you had to buy $5.00 worth at a time, in a huge cup so after drinking about 1/3 of it, the rest was warm and undrinkable.

Regardless, QCOM is indeed dear compared to where it was a few short months ago, but probably well below where it will be one to three years out. There is a good thread on SI that can make the case for QCOM in a much more persuasive, compelling manner then I:

exchange2000.com

But investors who want to follow the most tried and true strategy for wealth creation--buy and hold--will fail if they do not align themselves with the paradigm. ------- George Gilder

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