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

To: Kayaker who wrote (97675)	4/19/2001 12:57:10 AM
From: Uncle Frank	Respond to of 152472

Marvellous post, Kayaker. I will keep it firmly in mind. uf

To: Kayaker who wrote (97675)	4/19/2001 1:07:40 AM
From: Jon Koplik	Respond to of 152472

Another angle on the Marty Zweig / people "separated from their position" (but wanting to get "back in" scenario) ... Consider two situations : 1. Someone who is a rational, intelligent person has fooled around (lots of in-and-out trading) successfully with Amazon.com (AMZN) shares on the way up (back when it was a truly remarkable bull market star). The person KNOWS that at some point, AMZN should be lower in price, because it just does not make sense for the business to be valued at X billions of dollars (whatever the number was ...) So -- during those days when the AMZN stockholder then AMZN non-stockholder then AMZN stockholder happened to NOT be holding any AMZN shares ... If there happened to be a "monster" rally in the stock market, one could relax and think : "in the medium-run and the long-run, I believe AMZN shares will most probably be much lower than they are right now, so ... I will cool it, and not let this rally taking place (without me personally being involved) drive me crazy !" 2. If the stock involved were Qualcomm, and the time ... right now (QCOM between roughly $45 and $60) the assumptions about the medium-run and long-run would be totally different. Anyone familiar with the fundamentals of Qualcomm would be a fool not to be getting back into QCOM. Jon.