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

To: waverider who wrote (14294)	8/30/1998 5:18:00 AM
From: gdichaz	Read Replies (2) \| Respond to of 152472

Maybe, maybe not. Sure this is a bad patch and may get worse overall. But and this is the big but, who can predict with any degree of accuracy what the next direction of the "market" - whatever that is - will be? And bluntly, who cares in the long run? If ever there was a case for choosing stocks (such as the Q) based on careful research and analysis whatever the overall "market" may or may not be doing - movements based on emotion not logic - now seems like as good a time as any. Downside may be coming, but so may be upside. Or maybe sideways. As long as the specific stocks you hold (certainly not mutual funds where you are helpless to use your own judgement IMO) are chosen carefully, I for one have found that selling only when the fundamentals of the individual stock change or to buy a better opportunity is preferable to panic selling or wasted efforts at "timing". But that is just me. I will only cite Cisco as an example. Holding since 1990 has paid off. Several market panics have taken place since then and Cisco dropped like a rock along with the negative emotion re networking as such and/or the overall market several times since then. Would have it have been wise to sell Cisco during those bad patches? Don't think it would have been. To me the Q is in a similar category - but that is just IMO. Chaz