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

To: Dwight E. Karlsen who wrote (66664)	2/13/2000 11:36:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 152472

>> if one wants to stay in Qcom with a losing position, there is certainly nothing immoral about that. :-) It's just that it's no fun. I never looked at investing as a recreational pursuit, Dwight. I'd rather grind at it, and use the returns to fund a good party <gg>. I'm still a little confused by your earlier post, so lets put it in to the form of a logic equation: Qualcomm stock price = 132 If the outlook is for for significant future appreciation and Cost < 132 = Hold Cost > 132 = Sell So that's why financial planners make the big bucks <lol>. uf

To: Dwight E. Karlsen who wrote (66664)	2/13/2000 11:45:00 PM
From: TARADO96	Respond to of 152472

<<However, if one wants to stay in Qcom with a losing position, there is certainly nothing immoral about that. :-) It's just that it's no fun.>> Your statement seemed to imply that most people here have a losing position on QCOM. Most people on this thread bought QCOM before or when the 4-1 split was announced, so that even when it dipped to 105, it was still a winning position for virtually most investors here. Since you are rather new here, I would try to be a bit more cautious before making anymore foolish statements. John

To: Dwight E. Karlsen who wrote (66664)	2/14/2000 12:28:00 AM
From: the_rich_janitor	Read Replies (3) \| Respond to of 152472

Maybe better charts, but charts don't mean squat with QCOM (bet I opened up a can of worms there ;) - Let's not discuss Q and TA please). BUT, I would challenge someone to find a company with better low risk growth potential. With greater than 50% sub growth predicted every year for the next five years, I would conclude that Q's growth will continue to surprise the skeptics. That will contribute to increased upward pressure; whether the market goes up or down, Q is going up. The only people who have lost money on Q are the ones who bought between ca 1/1 - 1/31. I also bought a pinch at 175 and 165 and KNOW that in December that will seem like a steal. If you count my 112 and 117 buys, I am in pretty good position. If your investment horizon is as short as 30 days, I suggest you sell stocks immediately following a 20% loss and move on. Almost every stock I own has experienced a 20-30% dip at sometime. Unfortunately, I nor no one else in the investment community has been able to find a stock with a straight arrow up. If you understand the dynamics and factors around QCOM and CDMA, you should be averaging down at these levels. All a matter of philosophy I guess.