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

To: marginmike who wrote (72060)	5/22/2000 12:36:00 AM
From: waverider	Respond to of 152472

Well Mike old boy, your New York pit bull character is certainly doing a full show now. For that I certainly respect you. We've been here before. <g> Anyway, to set the record straight I've never said Q would not go down. All I have ever said was it was foolish to try to predict the short term movements of the stock price. The only prediction I ever made was that $100 would hold. Well, that will teach me. Like I've said...I don't have a clue about price movement. But I will say that I have encouraged people to buy Q during this correction BUT ONLY if they understood it could go lower. Yup, yes I did. Yup. I don't know if any of those folks are still holding, but I am...all the shares I bought at $140ish, $113ish, $108ish and $98ish...little bits at a time to keep for the duration. Yeah, that was dumb in hindsight, but I wasn't interested in short term timing... ...for fear that I am trying to justify myself like I accused that vegas dude of doing I will continue anyway... I guess it may have something to do with the sub $10 cost basis I have on this stock, but I really don't care what happens short term...long term I know we are headed up as you see as well. Just a different strategy we have. In the long run, I think mine is best...obviously. <g> So now, let's see...about that Skeeter guy...well, yeah I pick on him. He says dumb things and implied Jacobs was a liar. LG...hmm...I was actually on rather good terms with him. I did make fun of him when he kept saying he wasn't going to post here anymore and did. Funny, no? For the record, I actually agree with your market perspective and wouldn't be surprised to see us test 3000. Consequently I bailed out of my margin and my riskier Q options last week so I could sleep at night. Still have my stock and all the 2002 LEAPS. Long term/hold to expiration strategy you know. <VBG> Now take back that hypocrite thing. That wasn't nice or accurate. The Buy Thread Attack Dog