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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (11954)12/30/1999 12:24:00 AM
From: MMW  Read Replies (2) | Respond to of 21876
 
Brian,

Congradulation! for owning QCOM. At least you are in the
money today. I think this is a long term hold stock, and buy
it whenever it pulled back due to market condition. It is
projected to make more than $4.00 next year. So, even it
goes to $1000, you only look at pe at 250. Comparing with
those internet stock, it is much better choice. I have 5 to
10 years time frame on this stock. I think holding a good
stock sometime is very difficult. I have overcome the temp-
tation of profit taking otherwise, I would sell it long time
ago. I would expect this stock is going to continue to rise
in the short term based on today's volume and panic buying.

Good luck! Have a happy new year!