Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: samim anbarcioglu who wrote (89285)	12/6/2000 8:48:15 PM
From: Win-Lose-Draw	Read Replies (2) \| Respond to of 152472

Why should he care if not for his smelly motives? Your post sounds like it was plucked right of a penny stock board. About the only thing missing was some fantasy about a shorting conspiracy. Oh wait, you did allude to that... Motives. Motives are a tricky and dangerous thing to ascribe to unkown individuals. For instance, let's talk about your motives. You are, presumably, long QCOM. You also, presumably, intend to sell at some point, for a profit. You will, following your logic, say things like "huge growth, many years visibility" etc etc whether they are true or not in order to try and get more people to buy...and in the end what they will be buying is what you are selling. You already have money on the table, if anyone's motives are suspect, it's yours. Now that we've got that out of the way, can we stop with the character assassinations and get back to a civil discussion of QCOM and it's prospects?

To: samim anbarcioglu who wrote (89285)	12/6/2000 9:02:15 PM
From: waverider	Respond to of 152472

Brilliant post.

To: samim anbarcioglu who wrote (89285)	12/6/2000 10:35:31 PM
From: Hector	Read Replies (2) \| Respond to of 152472

Samim, My answers to you and others on this board: I am not short this stock, but have owned it when I considered it to be at a reasonably safe entry level. What most of the posters on this page are missing is that the daytrading community loves this stock and will ride it because of its great volatility. When they abandon it, the way they did with Dell, watch out. Did anybody bother to check today's huge volume and the wide range in price, a close near the low, and what the implications are? This stock is not suitable for shorting because of its volatility, just like SEBL and others. Most public investors lose all their gains from their individual stock holdings made in the previous bull market because they don't know how to cash in their profits. Mutual funds are quite suitable for these folks because they take away the selling decision from the individual. I have no hidden agenda. I'm in the money management business, so its in my self-interest for the market to be bullish. However, since I have responsibility for the monies my clients entrust to me, I have to have an independent view of the markets without letting wishful thinking make market decisions for me.