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

To: matherandlowell who wrote (145264)	10/2/2006 12:41:54 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

Ah, interesting comparison. Good point. <I think Great Britain was demoralized during the Blitz. That's a little like saying (and watch this transition) that Qualcomm stockholders were not demoralized by the recent market drubbing. Saying that such events simply strengthen our resolve assumes that we will win the war. That wasn't completely clear in 1940 and some would argue that it isn't clear in our present circumstances-- although, admittedly, they are a bit less consequential. > You are no doubt right. But I am also right. The paradox is resolved because there are many people with individual emotions making up the total. I see the current dip as some daring fun and part of the battle to success in which the demons are vanquished and problems overcome. I haven't actually thought that QCOM really might lose to Broadcom and Nokia and the POS6 and that Irwin Jacobs' worried about lost patent rights and diluted intellectual property rights might come to pass. I would indeed be demoralized if that was the case. Also, if I was being forced into selling now because of some suddenly introduced tax laws in NZ I would feel demoralized and defeated. When success finally comes, the woebetiders won't be heard from and trumpeting success will resound from the parapets. People will say this was our finest hour and wasn't it a lot of fun. Ah, the good old days. Then we'll be stuck in our boring lives. But in fact, as you say, there is currently desolation and demoralisation as many have taken a pasting and all are suffering setback, albeit on paper rather than via V1s through the roof and into the children's bedroom. So, the battle is on. Still. We will fight them on the beaches, we will fight them on the court steps, we will fight them in the judges' chambers. We will never surrender. Or, as a more recent Winston Churchill said, "Bring it on!" Mqurice