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

To: limtex who wrote (71020)	4/21/2000 11:07:00 AM
From: samim anbarcioglu	Respond to of 152472

On CNBC, just 10 mins ago, some fund managers were asked if QCOM was at a fair valuation right now or something to that effect and fund manager Peter Doyle (I think that's what his name was), said Q was a very good buy right now and much better for prospect for the long term.

To: limtex who wrote (71020)	4/21/2000 11:17:00 AM
From: Valueman	Read Replies (2) \| Respond to of 152472

If Cramer is all-seeing, why did you not follow his advice and take a lot of money off the table months ago? It is inevitable that gargantuan companies slow their growth. The laws of compounding numbers always catches up to a company, no matter how impressive that company might be. Berkshire Hathaway will never grow like it did in the past. Its multiple contracted. Cisco will hit a brick wall soon enough. Dell hit a brick wall. INTC really hit a brick wall. It's inevitable. QCOM will see its wall too someday. It is part of the "S" curve that defines the life of a business. So MSFT gets sold off--oh well. So the market goes down some more. Oh well. The market is a pricing mechanism. If the gyrations offer a low price that attracts you, buy it. If the market offers a high price that tempts you to sell, sell it. But buying stocks that are way up in hope of selling even higher, and then wetting your pants when they go down and selling is not a road to riches. Limtex, you now proudly take the crown from resident Chicken Little Ramsey Su. If the NAZ is going to 2,000, why are you not 100% short?

To: limtex who wrote (71020)	4/21/2000 11:53:00 AM
From: waverider	Read Replies (2) \| Respond to of 152472

Between you, Greg and vegasman ya'll are doing a pretty good job convincing each other of the horrible year ahead. Just curious though, if this coming bear (or crash) is so obvious do you think it will really happen? I have a feeling, and that is ALL you guys have too, is that it won't. I guess the cards are dealt now though...we'll just have to see how the game goes. Please let me know when you guys have decided when the bottom hits. Such silliness. Good luck <H>

To: limtex who wrote (71020)	4/21/2000 6:21:00 PM
From: bdog	Read Replies (1) \| Respond to of 152472

Limtex, here's the big picture. The upside is that this a temporary Fed driven market. Almost all the FUD flows from the recent and anticipated rate hikes. Remember that Clinton re-appointed Alan well before his term was up. Why did he do that at that time? Remember, more than anything Clinton wants Gore to be elected (in the vain hope of salvaging his own reputation/legacy). More than anything Alan wants to avoid what seemed to be an inevitable crash and thereby be the Chairman who presides over the longest US economic expansion in history. Shortly after being re-appointed Alan actively began to take down the bull with the first of his "new" interest rate hikes. Now that the bull is out and the bear in, the economy will certainly cool and any preliminary indicators of inflation will certainly be summarily crushed. This process will be complete before the summer is out. Just in time for Alan to ride to the rescue with the first of a series of gradual interest rate cuts to resuscitate the bull, revive the US economy and thereby give Gore his best shot in November. If you have to sell you might as well do it now. If not hang in for four or five months. Happy days will be here again. Thanks to Clinton/Gore and their grateful pal, Al.