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

To: carranza2 who wrote (117812)	5/1/2002 2:15:44 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 152472

carranza2: It doesn't matter how much cash you have. Some of the greatest companies were selling for less than the cash per share, at the bottom of the last great bear-market. Specifically, QSAND is getting hit because it shouldn't have had such a runup in the first place. A gradual climb of 25% (which is very high and usually unsustainable) from 1995 would have resulted in a stock price of about 20 now. But, no, it went all the way to 200! Now we are in the process of correcting those excesses. Unfortunately, the correction process usually takes it below what is perceived to be "fair value" (in this case, maybe 20 -- and even that is very generous). Btw, when will QSAND holders finally acknowledge that the stock is in the dumpster? Will single digits do?