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

To: Ruffian who wrote (16210)	10/8/1998 5:31:00 PM
From: marginmike	Read Replies (1) \| Respond to of 152472

Unless you are a trader or have a stupid amount of margin the daily price is of little concern. The concern should be is the price change due to a fundamental change in Qcom's business or just Qcom getting caught in a downdraft! You only lose money when you sell! I am alittle concerned about todays downgrade of NOKIA, and the realization that Qcom's business will slow somewhat if there's a recession. Affixing a price based on earnings that are tough to guess 2 Quarters from now. I am comfortable that in a five year period we will be OK, and this will be a blip on the screen.