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


To: waverider who wrote (81122)9/21/2000 9:26:30 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 152472
 
re: Everybody I read was patting themselves on the back for being so smart for buying under $70.

Except for those of us who were patting ourselves on the back with a cat-o'-9-tails, for being so stupid and selling.

This is a gift, and I'm very grateful to Mr. Market for giving me a second chance. And I didn't see it coming, either.

No, I don't see a 20% downdraft in QCOM tomorrow. A 10% decline (to around 65), and it may be very brief. But it's anyone's guess. I have been surprised, over and over, at how the stock has responded (or not responded) to news. The edges of the possible, tomorrow, are 60 or 68 for the bottom. I'd be very surprised if the bottom is above or below that range.



To: waverider who wrote (81122)9/21/2000 9:53:03 PM
From: Ingenious  Respond to of 152472
 
INTC is not a proxy for all technology. They are not a growth stock or a value play. Essentially, they created a market that will eventually slip away to the hundreds of fabs capable of churning out low cost cheap embedded processors. While INTC is trying to make a single processor do everything, others are making cheap processors just a little faster and a little cheaper.

I think INTC is the problem and not the market as a whole.



To: waverider who wrote (81122)9/21/2000 9:58:38 PM
From: Sawtooth  Read Replies (1) | Respond to of 152472
 
<<The point here is our company is strong and if the market provides us a gift why worry about it? Why not take the damn thing (Q on the cheap) and be happy?>>

Hi, Rick. Good perspective.

My broker tells me stories about people who call up and say things like, "Sell me out! Get whatever you can!" Especially after months of a slow whittling away at stock prices, the pressure is unbearable and they're willing to throw their shares into the bonfire that marks the moment of greatest panic. Maybe like tomorrow.

Doesn't change Qcom from being the toll collector to the wireless world; or much else once we get down the road a little.

Best and don't open a cold one before noon. (ET). ; )

.......VVVVVVVV



To: waverider who wrote (81122)9/22/2000 6:39:59 AM
From: limtex  Read Replies (2) | Respond to of 152472
 
DH - G7 Meeting over the weekend. No-one is going to go home with stock on Friday night with that hanging over the currency market.

If they don't do something to get some confidence back into the Euro this weekend then dealers commenting in Europe Firday morning expect the euro to "fall throught the floor" Monday morning.

This is going to be black Friday, September 22nd, 2000 and Monday could make Friday look like a good day.

Bet Mr Greenspan is happy now.

Best regards,

L