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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?


To: Jim Lurgio who wrote (386)9/25/1999 10:04:00 AM
From: Jon Koplik  Respond to of 12233
 
Re : lack of us telling the "creeps" : "NOT TRUE !!" repeatedly (with regard to CDMA/TDMA/GSM or Qualcomm or whatever).

I have spent a lot of time thinking about the whole issue of -- if you are pretty sure you are correct, and "they" are wrong (note to SI members - check out my SI personal profile) about something, is it necessary or productive to spend your own time painstakingly correcting misinformation ?

(This is also a personality thing. It is very hard sometimes to remain silent when someone is "mouthing off" idiocies ...)

When our favorite stock was about $25 (adjusted for split), some of us worried a great deal about some "evil" company attempting a buyout of QCOM at a (then perceived) "high" price of $40 or $50, thereby robbing us of the chance to capture the eventual move in QCOM.

It was a legitimate fear, I think.

I personally used to type in SI posts from time to time (with my blood pressure raised), thinking : "I will NOT let that person's comments go unanswered !"

(Anyone remember my post about Goofus and Gallant each find $800 million while digging holes in their backyards. Goofus decides to build a TDMA-based wireless system, Gallant decides to build a CDMA-based wireless system ... ?)

Anyway, now that Qualcomm has a market capitalization of $25 Billion (or $30 Billion or whatever), it is possible that we could maybe relax a little, and let some of the short seller agents' (or just plain stupid peoples') comments go unanswered.

If the short sellers want to sell short QCOM, let 'em do it !

(The only ethical problem with ignoring the lies is : some neutral party might be influenced by the bad information).

Jon.