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: chojiro who wrote (117650)	4/30/2002 7:37:32 AM
From: limtex	Read Replies (1) \| Respond to of 152472

choji - The stock is down bewcuase there is a market crash underway. The papers this morning are full of tales of woe and liquid fear driving the market. Some will no doubt say yuo ain't seen nottin yet. Well maybe. But the history of teh market shows that this is not the end of the wolrd and that the market will recover and it won't take decades. As for the Q what we are about to see on July 15t hhas never happened in the US before. The only palce it has realyl happened is no Korea and that jsut isn't the same thing. What we are about to be presenteed with is as fundamental a change as the original inveention of the telephone, probably more so. It is an even that will be seen by the media only after it has been around for a month or more but most of us here can see it now and thats why we are here and thats why we think that the stock is cheap at the moment albeit that the daily increasing panic knocks the stock price but 5% a day. The one thing that I have learned is that market timing is impossible. I don't care who you are market timming is a mugs game. So all yuo can sensibly do if you wish to participate in the economy is to try and pick stocks that have some prospect for goos profitable growth over the next few years. Lets see how we are doing at the end of July. The KDDI numbers for April should be very interesting. Best, L