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

To: arun gera who wrote (112944)	2/10/2002 4:19:23 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 152472

Arun: Thank you very much for the detailed response. My comments were more from the point of view of how demand can be overestimated and how trends are often projected to keep on going. It was not meant to denigrate people of Indian origin. Though I think the government of India is crooked (regardless of whether it is the leftists/centrists or the right-wing that is in power), but I have seen that the common people in India, especially the poor people, are just wonderful. Sometimes I wonder if their goodness is being taken advantage of by the unscrupulous ones.... Best wishes. I am quite bearish on this investment because of (a) overvaluation and now, (b) accounting concerns. However, my reaction to the bear-market has been to go to cash, which I did as early as Jan to June of 2000. I occasionally short the indexes (like the QQQ, my favorite) and occasionally take advantage of the bear rallies (with ETFs like IWN, IWO etc., haven't tried QQQ for that yet, though it would have been wonderful with the 41% and the 44% bear-market rallies in 2001 alone). Regards and best wishes again.

To: arun gera who wrote (112944)	2/10/2002 5:35:56 PM
From: trilobyte	Respond to of 152472

Arun, >In fact the phone-booth person will >even receive a phone call for you and send a person next >door to knock on your door. what you describe is just how China was 5 years ago. You'd call a neighborhood booth and they'd run out to warn the person in question. Then, you'd have to call back at a pre-arranged time. But now, just a few years later, cell-phones galore. It's so obvious that you can't load a phone booth on your back and lug it around that as soon as cell-phones become available, they will be a hot commodity in India. I admire your restraint and patience in responding to Dipy and his silly posts. Trilobyte