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


To: waverider who wrote (71083)4/22/2000 1:38:00 PM
From: waverider  Read Replies (2) | Respond to of 152472
 
OK jman, limtex, Greg...

I am so sick and tired of all your ridiculous fears and predictions about the end of the world as we know it...investment wise with nothing more than guesses from the gut and followed up by, "but golly gee, I could be wrong and I'll jump back in" disclaimers.

Get some pencils, study the facts and take your emotion where it belongs...in love letters to friends. I am sorry you guys have dumped quality stocks like Q, waiting for the next big timing move...

but some day you shall learn the only sure way to become a wealthy investor and strike it REALLY big is to stay the course. I could go on about all my 20 figure trades and net worth, but I'll leave those justifications to Skeeter boy and you guys.

<H>



To: waverider who wrote (71083)4/22/2000 9:39:00 PM
From: D. Newberry  Read Replies (1) | Respond to of 152472
 
An outstanding series of posts, DH. Quality work.

From your profile I see you are a LTB&H like myself. This type of analysis is what we should all be doing as we make our current investment decisions.

This and other threads seem to be so preoccupied with what AG will or will not do over the next few months. This is really not the issues a LTB&H investor should be concerned with. If you find quality companies that you believe will grow significantly over a long period of time, and you can buy their stock at a reasonable price, then buy it. If you're right, then someday, when the markets invariably are bullish again, you will be sitting on a terrific holding.

Someone on a recent SI posts (I don't recall where or whom) made a good point about how rare it is to find the investor who still has shares from the MSFT, CSCO, INTC, etc IPO days. In hindsight, holding shares in any of those quality companies would have made you rich. The problem is, few folks are willing to hold stocks like these through bear markets, savage sell offs, etc, in order to realize that long term benefit.

I started investing in '79 and have been through my share of bear markets. The only times I did poorly during those times was when I got clever and tried to time the markets. Doesn't work for me.

Again, I appreciate the efforts you put into this analysis.

DN