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


To: waverider who wrote (93244)2/3/2001 1:12:48 PM
From: marginmike  Respond to of 152472
 
DOHHHH."n the last trading day of December 1999. What brilliance..." You missed the high the next tradding day!



To: waverider who wrote (93244)2/3/2001 2:54:41 PM
From: lurqer  Read Replies (1) | Respond to of 152472
 
This post is not directed at you, but rather the topic you raised. I divided the people's learning ability into three categories:

1. Those that learn the easy way - from others by reading and careful observation.

2. Those that learn the hard way - from personal (often quite bitter) experience.

3. Those that never learn - not so much from stupidity (although that also happens), but from some sort of psychological block that induces denial.

It's also my observation that while a particular individual may best "fit" into one of these categories, all of us exhibit to some degree all three.

JMO

lurqer



To: waverider who wrote (93244)2/4/2001 2:59:00 AM
From: Uncle Frank  Respond to of 152472
 
You covered a lot of ground in that post, Rick. I applaud your new found tolerance for other's opinions, and I hope you'll grant the same license to us old bulls as you are now doing for the bears <gg>.

>> jvegasman, LG, Jacob Snyder, etc, etc, etc. And when they were proved right?

Only 2 of the 3 were proved right, and that was for different reasons.

LG made a technically based prediction for the Q to droop short term, and was right on.

Jacob Snyder worried his way through the process, but finally took what he described as a long term position in Qualcomm in the low 60s. If he's continuing to hold, he's been proven right.

Jmanvegas was very bearish on qcom and outlined his top 4 picks as well as 4 he was planning to buy in one of his final posts on this thread:

Message 13902790

Here's how his basket has fared versus the Q:


6/16/00 2/2/01 Change
SDLI 299.88 185.59 -38.1%
PMCS 184.06 68.38 -62.9%
GLW 81.81 51.08 -37.6%
JNPR 113.00 100.69 -10.9%

RBAK 119.00 40.25 -66.2%
NUFO 95.88 50.00 -47.8%
CORV 74.00* 19.81 -73.2%
RFMD 50.19 19.31 -61.5%

QCOM 65.75 86.81 +32.0%


* Opening price on 7/28, first day of trading

How do you figure he was right?

>> Was a great way to pass the time during some medical shut downs too. But now? It is becoming more of a grade B rerun, rerun, rerun...the same mistakes and statements coming from the same types of people. A bit of a bore frankly.

It's just like surfing, Rick; no two waves are ever the same. Personally, I find the parade of opinions to be educational and fascinating.

uf