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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: SpudFarmer who wrote (40740)	9/14/1999 1:36:00 AM
From: SpudFarmer	Respond to of 152472

Not to offend the intelligence of any here, but I am constantly having to remind myself of the fundamentals. It is the rudder guiding through the storm. According to Webster's: 1. Speculation: assumption of UNUSUAL business risk in hopes of obtaining commensurate gain. Speculative: theoretical rather than demonstrable. 2. Invest: to commit (money) in order to earn a financial return. In reading the posts, I find I have to decipher which is which, and it seems that the two sides, (investors vs. speculators) are constantly at odds. "My money has been used wisely and turned into more money", vs. "It's gone up, it must come down". O.K., you say, "DUH!" There are those (I speculate) that forget, or don't realize the difference. Many just see the fight, or cannot see outside the ring. To change a speculators mind with reason is as futile as changing an investors mind with theory. (For you phD's : )that may have forgotten, theory is purely circumstantial, and is often wrong given time) So what?!? Well, being both a speculator and investor, (having the two words on opposite sides of my screen), it is easy to get confused. Short term speculation can easily cloud the reason of long term investing without constantly separating the two. That may also help to explain some of the apparent inconsistencies in my posts. (Not that anyone keeps tract, most are never serious) Some questions are speculation, and some are investor. I have found that my speculation questions always get answered. Investor questions don't.(Maybe they're not good questions?) Hmmm..... So, the previous is as much for my own benefit as it may be for others. There is a lot of writing talent on this thread. I find it unproductive to be used for strife. But, it is better than most soap operas! (No steamy sex scenes though) Thanks for your time. Q rocks, It is only a matter of time...