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

To: Nichols who wrote (59357)	1/4/2000 2:31:00 PM
From: Sawtooth	Respond to of 152472

<<Hard to believe, but wasn't it just FOUR(trading) days ago that we were at this level? The mighty Q does spoil us!>> Isn't that the truth! I started to really question the mind-set of many recent investors when I was hearing regular comments to the extent that a stock that only doubled in a year must be a POS. Reality check: Naz is down ~4%, wireless and fibers I follow are avg down ~4%, Qcom down ~8% (not a big surprise after a virtual string of 10 and 20 % up days) ; conversely, Gstrf's up ~3%, Lor's up ~8%. Philip Fischer said the average holding period for his stocks was around 20 years; he held one stock for 53 years. Fischer said that once an outstanding company to invest in has been identified, it is only on rare ocassion that a decision to sell must be considered; and (almost) never during the first three years following purchase. I think Qcom is one of those "outstanding companies". To each his own; good luck to everyone. .........VVVVVVVVVVVVVVVVV