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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (3041)9/12/2000 2:29:35 PM
From: Ruffian  Read Replies (2) | Respond to of 197214
 
<The vast majority of posters think this stock will be doubling, from current levels, over
the next 12 months. They may be right. But there is a not-small chance that this stock
could be dead money for the next 12 months. If that happens, a lot of posters will get
discouraged and sell. I hope posters here (and, even more so, the unmoderated
threads), are not representative of QCOM investors. It's not really going to be safe,
holding this stock, until most investors are prepared to sit on dead money for at least a
year. I'm not saying that is going to happen (I hope not, since I'm long the stock), but it
could, and I think few of us are prepared for it.>

Are you related to Snyder the analyst? Why are
you long the stock if
all your angels are telling you the outlook is gloomy? Why not sell and re-enter when you feel positive?