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

To: marginmike who wrote (123661)	8/30/2002 12:25:40 PM
From: Wyätt Gwyön	Respond to of 152472

well, my broader point is that TA or any system that's designed to beat the system will always break down. it is simply lucky when it's right. i think it's cool that LG made a good call on QCOM coming down (though as i recall, it wasn't just at 189). but the point is, the same rules that led him to make that call led him to make a wrong call on Jan 25 of 2002. it's all just a matter of luck. unfortunately, some people are "fooled by randomness".

To: marginmike who wrote (123661)	8/30/2002 11:12:41 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 152472

From a report I am reading from MS: "We expect this q to represent the second consecutive quarter of record revenue for QCT, QCOM's semiconductor division. This achievement stands in stark contrast to the average semiconductor company..." Those of us around QCOM for the last 5 years or more have dealt with heaven, hell and purgatory. Maybe QCOM has been a good proxy for the general view that WS takes on tech growth companies. It's ok to be donut growth story.