Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: A.L. Reagan who wrote (70525)	4/14/2000 1:21:00 AM
From: DWB	Read Replies (1) \| Respond to of 152472

HEHEHEHEHE I got a good laugh out of that one. Jon's post about sending Maurice a pizza he didn't order reminded me of the SNL sketch where Steve Martin is the Roman Gladiator, and the Hun teenagers send him 2 dozen pizzas that he didn't order... I think Al Franken was one of the teenagers... They also pulled the flaming bag of dog-doo on the porch trick on Steve... then after the Hun parents paid for the pizzas, Steve had them all killed. For all the hand wringing and daily devastation among the NAZ and tech stocks in general, what has changed? Those people who truly are investing, and have a long term perspective see this as a temporary, and possibly healthy, situation. I wasn't planning on using any of my QCOM or LSI or GBLX next month to make my house payment... my job still pays the bills, and my daughters all still love me. So what is different? The fact that my portfolio isn't at this moment as high as it was a week or two ago? Whoopee. The general trend is still intact. Maybe I'd feel differently if I was using margin... but I don't. Maybe I'd feel differently if I didn't understand the companies I invest in, but I do. If the biggest problem I have for the rest of this year is that when I look at the bottom line on my brokerage statement is that the numbers are smaller than before, I'll get over it. I seem to recall the same thing happening during that Asian crisis, and the Russian crisis, and when that hedge fund collapsed, and during the gulf war, and a bunch of other times that seemed like "the end". Maybe this is the slap in the face that a lot of equity purchasers (I won't call them investors) needed. If it causes a more rational evaluation of stocks, and allows the real cream to rise to the top, rather than the $30 billion/year cyberspace potential for milk at "Daisy.com" the future source for electronic moo juice, then I've got no problems with that either. DWB Q2.5K/Y2K+5