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


To: marginmike who wrote (73765)6/14/2000 12:17:00 AM
From: Skeeter Bug  Respond to of 152472
 
mm, not yet. but not b/c qcom doesn't have a decent risk/reward ratio at current price levels. more b/c i don't like the overall market valuations and when the big boys get cut down to reality, EVERYTHING will get hacked. don't know when it will happen, but i know it will. cash will be king and i'll have it.

i do think longs have a decent cushion - but no guarantee! - going into this year's election. gore will get gored if the economy turns stupid, ie, the market tanks. i own a little stock but am actually looking for a decent exit point to be 100% cash.

manias like this NEVER last forever - not one case in the history of the world.

my good friend who holds qcom stock is regretting not selling in january as i STRONGLY suggested at that time. my current recco is to hold it due to appreciation potential. whioe i'm not buying, i wouldn't sell if i owned it.

good luck...