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

To: Kayaker who wrote (110727)	1/11/2002 10:49:01 AM
From: marginmike	Read Replies (1) \| Respond to of 152472

GFY...... Glass houses are nice you can watch all the A$$ holes go by and lose their money buying worthless stocks.

To: Kayaker who wrote (110727)	1/11/2002 12:28:29 PM
From: Wyätt Gwyön	Respond to of 152472

@5.56, AMCC @6.47, JNPR @ 9.13. Whether or not they were worth buying is an empirical question which has been answered again, to define terms....one could say QCOM was "worth buying" at split-adjusted 100 in december 99, on its way to 200; but was not worth holding till now for a 50%+ loss. which is right? which is "empirical"? after winning the lottery, one could also say, ex poste, that whether the lottery ticket was worth buying is an empirical question which has been answered. but what about all the other ticket-buyers who lost the lottery? if you add up all the Nasdaq lottery tickets from the past few years, it seems there have been a lot more losers than winners. i don't think it makes sense to talk about particular trades outside the context of one's overall portfolio. e.g., you had some good trades since september, but i think there are more important questions. such as, was one up for the year last year? is one up since 1/99 or 3/99? those questions are probably more important than whether one got a good trade here or there. and if those kinds of questions are more important, then the factors impacting the answers (e.g., valuation) become more important than short-term trading "questions" and their corresponding answers. which do you want to win--the battle or the war? all JMHO