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

To: Wyätt Gwyön who wrote (121895)	7/22/2002 8:57:10 AM
From: Art Bechhoefer	Read Replies (2) \| Respond to of 152472

MM, your strategy of buying index funds at or near a market low is interesting. But if you really believe the overall market is at or near a low, then why wouldn't you be better off buying the real performers, instead of a mixture of performers and dogs? For example, with higher than expected earnings reported this morning, 3M should outperform the DJIA, of which it is one component. If you're going to buy RD, which is probably a very good move, based not only on its low price but the fact that most of its assets are in Euros, currently rising against the dollar, why not also consider UCL, an oil/gas producer with one of the best exploration records? Or why not buy more QCOM, which is also a component of the S&P 500 and, unlike other telecoms and related stocks, has some really improved prospects? In other words, if you're ready to plunge into the market at a time of investor pessimism, why not buy the stocks most likely to outperform their peers? Art