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

To: Ingenious who wrote (27510)	4/19/1999 8:47:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 152472

OTOTOT Bought AOL at $120. Will average down if market tanks further. Ibexx

To: Ingenious who wrote (27510)	4/19/1999 9:40:00 PM
From: Art Bechhoefer	Read Replies (3) \| Respond to of 152472

QCOM has had more than its share of large traders trying to drive down the price and then come back in at a lower level, only to sell out when things look overbought. Again, the problem is that many people with financial training backgrounds simply don't understand technology, so they have no idea of the difference between a QUALITY stock like QCOM and a rather mediocre one, like AOL. Incidentally, I don't see AOL having such smooth sailing in the future. Their rather arrogant attitude towards volunteers and/or other part time resource people is going to get them into deep trouble, not just with the Dept. of Labor, but with the IRS. I say this from personal experience. One AOL issue that hasn't been discussed publicly is their policy of paying people royalties, rather than as part time employees. By trying to avoid the part time employee status, AOL so far has been able to avoid paying the employer's portion of social security. But the IRS rules on what constitutes an employee, compared with someone getting royalty payments could create a huge problem for AOL. You heard it here first!

To: Ingenious who wrote (27510)	4/19/1999 11:22:00 PM
From: marginmike	Read Replies (3) \| Respond to of 152472

AOL is a joke. Is CBS television worth what AOL is? They are fundimentaly deriving income the same way, Advirtising. There is nobody on this thread that can convince me AOL is worth 500-700 X earnings. Give me EXDS or ATHM or some of the infastructure companies and I might buy the valuations. I have never bought anything nor responded to the adds on AOL or Yahoo. I am on the internet 5 hrs a day. I hit Yahoo 50X a day, and they derive no income from me. How many of their page hits are profitless?