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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: jprincess who wrote (59621)2/1/2007 5:19:11 PM
From: SirWalterRalegh  Respond to of 197212
 
QCOM might go lower.

Get Lost

R. B.



To: jprincess who wrote (59621)2/1/2007 8:08:31 PM
From: rpls434  Read Replies (1) | Respond to of 197212
 
Jprincess, eaze up on the frustration pedal. You can be sure Qualcomm Exec's are plotting, planning and "working thru
issues" My previous post reflected my frustration with the stock falling 30%. I did sell off some of my shares. I assume you have taken some losses in Qualcomm as well.

You must be aware of the worldwide "broadside" Qualcomm is getting. In the Courts, in the Marketplace, in the Political arena, in the Commissions of the EU and S. Korea and India:
Lots of issues to work thru. And the reason the stock has fallen as it has. "Working thru the issues" (my definition of issue my be a little different than yours) make take some time, probably thru 2008. Each small victory or setback will have some impact on the share price. Major victories or setbacks will see larger changes.

What impact is there on earnings is the key question. That and the potential on growth. No growth equals big trouble.
Why would there be no growth with the wireless market as huge as it is? A Huge setback in Korea, The EU, etc.

You have plenty of discussion on this boards of the many issues that can effect Qualcomm. I only suggest patience. maybe reduce your exposure. Where else would you like to place your investments? Evaluate your position and make some changes. Or stay put and try to return to a serene place.
Reduce your QCOM to put your mind at ease. You can always get back in as you evaluate the market scene changing for the better.

Apologies to Maurice. I dont think I disobey the board rules. I did not think this response was too heavy on chat room. Just trying to assist a fellow Qualcomm investor that has taken some loss and is frustrated at the trading range that QCOM is in.