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


To: goingbroke who wrote (143383)7/6/2006 12:03:48 PM
From: golfinvestor  Read Replies (1) | Respond to of 152472
 
With a handle like "goingbroke" what do you expect? The more people cry about how much they have lost in QCOM the more I am convinced we are close to a bottom.

Seriously, your preaching to the wrong thread about faith in QCOM. Anyone, that has held the stock for the past decade has already been down this lonely road. In other words, your barking up the wrong tree.



To: goingbroke who wrote (143383)7/6/2006 12:09:12 PM
From: manalagi  Respond to of 152472
 
I would not call qcom stock a dog. Q is a very good company, with no debt, a lot of cash and has untold number of patents that are necessary for 3G, and eventually all phones will be using Q's technology. Of course it is hated, and has been target of all arrows.

Investing in the stock market is mind boggling to say the least. Just compare Q with GM which keeps losing market share, losing billions of dollars, maker of cars with less quality than the japanese, teetering into bankruptcy, and yet the stock is the best performer for the first half of 2006. On the other hand, Q's guidance is up for the 2nd quarter, and the stock tanks big time (30%).

Many of us have been Q's shareholders for a long long time, so that yes, the cost basis is still much lower than the current price, however, watching our assets get one third haircut is not fun either. Therefore, we can feel your frustration if you bought Q at 47.

Cheers, better days are ahead. Just think, how lucky you are that you don't live in Baghdad.



To: goingbroke who wrote (143383)7/6/2006 12:12:18 PM
From: hummerbob  Read Replies (1) | Respond to of 152472
 
goingbroke...

Happy birthday....guess who just joined SI today....YOU!!!

No doubt your other screen name is LIMTEX or ROB or Punkin666...chiming in with them that you are going broke due to the Q.

Nice ....but obvious .....try!!!!!



To: goingbroke who wrote (143383)7/6/2006 1:33:06 PM
From: Eric L  Read Replies (2) | Respond to of 152472
 
There be dogs and there be dogs ...

<< I've been in this dog since it was at 47. >>

LOL! I hope that is $47 not long ago, and before it went to $53 and you thought you caught a rocket rather than after.

If you entered at $47 the 1st time it hit it in November 1999 and didn't realize you were in a bubble, and didn't take substantial profit in the next 6 months before the tech bubble totally burst and we entered the comms recession than you have my empathy, but an add in summer of 2002 in the trough and in the $11 to $14 range would have cured your blues.

QCOM today happens to be well above its 2005 low for those that had the foresight to add or enter then.

There happen to be a lot of people here who have entry points below $3 as late as late 1998.

If you are a short timer and have any type of medium to long term vision I'd like to suggest you do some serious DD on QCOM and the sector and consider holding this "dog" for the short to medium to long haul. If you make that decision, check back at year end, and tell us what ya did an how that worked out.

<< On a great day, this stock goes up a little. On an even or bad day it tanks. >>

Such be the nature of these mean streets.

- Eric -