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

To: Clarksterh who wrote (125075)	11/6/2002 6:19:40 PM
From: carranza2	Read Replies (1) \| Respond to of 152472

Agree. I think I probably speak for a lot of people who are sitting on hugely inflated home values. I'm in a home which is simply too big for the three persons who make up our little tribe. I know that if we sell we can get enough cash out of it to buy a very nice smaller home in the same neighborhood without the need to get a mortgage and have a slug of cash left over. The idea of limiting housing costs to taxes, utilities, and insurance is very appealing. I think this is fueling the sellers of real estate to some extent. Don't know about the buyers. Of course, if I had invested in Q earlier and heavier, then had the presence of mind to sell on December 29, 1999, I would own several homes in very posh places like some of the old-timers here do. <vbg> I think the sentiment is that a lot of us missed an opportunity to sell stock when the market bubble was fully inflated and are reluctant to miss cashing out at the height of the real estate bubble. If there is in fact no real estate bubble, then cashing out and buying another piece of property should provide another dose of appreciation. In any event, the residential real estate market simply isn't as volatile as the securities markets so the investment is probably as sound an investment as anyone can make.