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

To: Keith Feral who wrote (69901)	3/29/2000 8:26:00 AM
From: swisstrader	Read Replies (1) \| Respond to of 152472

Cramer back on QCOM (hope this doesn't spook anyone!!): Getting Back in the Saddle By James J. Cramer 3/29/00 8:19 AM ET Sometimes the church of what's happening now puts you in the wrong pew. We got spooked out of Qualcomm (QCOM:Nasdaq -news - boards) on that downbeat last quarter, and we were wrong. This actually very nonpromotional company vs. its accomplishments told the straight-out story, and we panicked. Now we have to go back in as the conclusion of this Motorola (MOT:NYSE - news - boards) dispute spotlights still one more giant revenue stream for Qualcomm's intellectual property. One of the things that I have had to make peace with is how wrong we can be short term in order to avoid what can be a serious loss. In the real-life hedge fund world -- as opposed to the sanitized, storybook, no-mistakes version you see every day on TV -- we bolt from things too soon quite often. Most of the time, it doesn't bite us back. With Qualcomm, it has bitten us several times. We have a momentary pang of regret coupled with a pout after we hit up the chart and see the uptrend done without us, and then it's right back on the horse. We're getting back on the Qualcomm horse. And we aren't looking back.