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

To: slacker711 who wrote (117929)	5/2/2002 12:47:10 PM
From: Wyätt Gwyön	Respond to of 152472

Curious how you plan your exit strategy. If Qualcomm runs up to 40 by the end of the month, do you sell and wait for the 20's again? i always like to buy when doing so makes me feel like a total idiot -g-. i.e., i feel like i am flushing money down the toilet (and lo and behold, QCOM is already down 40 cents from my buyin -g-). so i really don't expect the stock to go up to 40 by the end of the month. instead, i expect it to droop to 25. but if it did go to 40, that would be a pleasant surprise and i would probably dump the shares. my idea is more like QCOM continues its toilet party for a while longer, but hopefully comes out of it in a few years so that the investment does well over time. but my position is still quite small--under 1%, so i would not say i am buying with both hands yet. that would take the teens for me.

To: slacker711 who wrote (117929)	5/2/2002 2:21:37 PM
From: limtex	Read Replies (4) \| Respond to of 152472

slack - the stock is under massive short attack. Thats why its down here. And it works for them. They keep selling it and down it goes. The shorts are having a ball across the NAZ and it feeds upon itself. Just take a look at the kind of thread this is becoming. Thank goodness Q has no debt and a cash mountain. In this climate I can't see anything to turn things around. Onr thing stands out and that is 1X is going to make a big positive difference. We will very sson no longer be so dependent on Korea. Roll on July 15th. Best, L