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


To: Jim Willie CB who wrote (53996)12/14/1999 2:48:00 PM
From: 16yearcycle  Respond to of 152472
 
That's how we all got started, dork.<VBG>



To: Jim Willie CB who wrote (53996)12/14/1999 2:49:00 PM
From: Jenne  Read Replies (2) | Respond to of 152472
 
Cramer Feels Their Pain
By James J. Cramer

12/14/99 2:40 PM ET


You know why so few fund managers tell it like it is? Because the penalties of revealing what you really do are absurdly high. The pain of the consequence of being wrong -- for all of the world to see -- is simply too great for most people.

And don't I know it.


Join the discussion on TSC Message Boards.


This weekend on our TV show, we were grilling Don Luskin about Qualcomm (QCOM:Nasdaq - news) -- one of the bigger hits of my career. Heck, one of the bigger hits of anybody's career. We believe in total disclosure on our show. If I have a position on a stock we are covering, I reveal it.

So I said, candidly, that I had sold Qualcomm. I had left it at about 390. There are bulls, bears, pigs, hogs and mammoth boars. And when it came to Qualcomm, I considered myself in the later genus. The stock is now at 430.

Immediately after the show, which aired at 10 a.m. EST on Saturday, I received a half-dozen emails about what an ignoramus I was for selling Qualcomm! I showed a couple to my wife, who couldn't believe the vitriol associated with this winning sale. I figured it would die down. But since then, I have gotten about 10 more heat-seeking missiles about what a doofus I was for selling Qualcomm. I imagine that every day it goes up, I will get more.

Given the heat, is it any wonder why fund managers fudge and hem and haw and hide behind crummy disclosure requirements -- twice a year for Pete's sake! The only thing worse than doing something wrong is telling people about it!

Random musings: Sure could use some bears on television to complement this NDX decline. I hate how many bulls there are right now, but it is the time of the year when people seem to like the market very much. ... Selling some Microsoft (MSFT:Nasdaq - news) as I don't believe the settlement talks. But, remember, how many people told you to bail at 87 after the decision came down? Proud not to be one of those nonbelievers.



To: Jim Willie CB who wrote (53996)12/14/1999 2:55:00 PM
From: Jeff Vayda  Respond to of 152472
 
Jimmie Boy:
if I resign my job soon, will I descend in daily primate regimented tasks to staring at the screen all day like all you dorks ???


Guilty as charged!

Come on in, the light from the monitor imparts a warm glow to ones face, giving the appearance of a life.

Jeff Vayda

At least you can say you have paid to be here on SI, at the least that is a cut above the rest of the Internet wasteland. Snob? You bet. The infidels are at the gates! Back you heathens! I say cut off SI to all new entrants. The place is full. There are no new investment ideas anyhow, everything has already been invented.



To: Jim Willie CB who wrote (53996)12/14/1999 3:07:00 PM
From: Cooters  Respond to of 152472
 
<<if I resign my job soon, will I descend in daily primate regimented tasks
to staring at the screen all day like all you dorks ???>>

Guilty as charged. I need to jump on a plane about once a month just to get the hell out of the house. Working so far!

Cooters



To: Jim Willie CB who wrote (53996)12/14/1999 3:18:00 PM
From: Sawtooth  Respond to of 152472
 
<< if I resign my job soon, will I descend in daily primate regimented tasks
to staring at the screen all day like all you dorks ???>>

I'm reclining in my spun-cotton hammock; sun warming my face while I listen to the surf breaking on the sand. If I feel like it, I reach over the side to break the seal on a fresh cold one. I should have put a little more ice in my bowl of chilled shrimp but they're still cool, crisp and tasty. Now and then I glance at the screen that I've suspended with some coconut fiber twine above my place of rest and re-creation, checking a quote or using the wireless mouse to cruise the SI threads.

It's a tough life and not for everyone. ; )

..........VVVVVVVVVVVVVVVVVVVVV