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

To: lurqer who wrote (47811)	11/4/1999 11:28:00 AM
From: T L Comiskey	Read Replies (1) \| Respond to of 152472

...James Cramer...Wrong! Nov 04, 1999 Breathe Deeply and Count to 10 By James J. Cramer Thud. Crunch. Splat. Ummphh. You know what those sounds are? That's people all over the world kicking themselves for not buying Qualcomm (Nasdaq:QCOM - news) ahead of the 4-for-1 split. It's the sound of people slamming their hands against desks for not buying the drug stocks. It's the sound of angry teeth grinding about missing the latest 30-point move in a white-hot infrastructure play. Good. Take it out that way. Don't go buying stocks if you are in that mood. You have missed some moves. Wait for the next moves to develop. Don't put money to work out of sheer aggravation and regret. We are all remiss about stocks. We are all guilty of not being in the right ones at the right time. But that opening blast, supercharged as it was by people on TV saying it will be a big day, is a license to lose money. Cool down. Wait for the next one. Don't just swing because swinging yesterday would have been great. This is still a good market. There will be plenty of opportunities. You like the drugs? Johnson & Johnson (NYSE:JNJ - news) was at 106 the other day. Now it is at 104. A little lower, maybe it makes sense. You need a 600-degree name? Wait for a lockup to expire. But don't put money to work while you are kicking yourself. Your foot will soon be in your mouth if you aren't careful.