The New QUALCOMM - Coming Into Buy Range Message Board

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Technology Stocks : The New QUALCOMM - Coming Into Buy Range

QCOM 159.41

+0.8%

3:59 PM EDT

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From: Lance Bredvold	4/9/2025 4:28:44 PM
	2 Recommendations Recommended By Art Bechhoefer Harshu Vyas of 9123

So our president as essentially said today: "Just kidding folks; stand down". I wonder how many other countries are apt to "say"==Well, we weren't and don't appreciate your endangering the world monetary system. On a second topic, I commented on the moderated thread that perhaps management did not desire to manage the markets and received a bit of blowback. Now that I review the reaction, I can report to anyone interested that I've known 2 CEO's of smaller companies closely enough to be confident that they made every effort simply to call balls and strikes in forecasting their company's next few quarters. Ron Moquist at Raven Industries (now a part of Case New Holland (CNH), actually made a point to correct me when I suggested his positive attitude could be interpreted as a prediction the stock price would be rising. He said, no, all he tries to do is offer his best insight into what is currently happening in markets they occupy and Raven's efforts to adapt. I still suggest that moral management has responsibilities to several constituents beyond just the stockholders--eg. customers, employees, government, etc and that balancing act is what makes a good CEO and makes his job difficult beyond just financial considerations. Trying to manage the PE is a fools game. While pushing up the PE for current shareholders he is pricing current buyers out of the market for future gains. Like Sisyphus, he gets himself into the position where he must be continually pushing the stock price higher for the next group that demands their expectations be met. Until. like GE in 2000, there was simply no way the potential matched expectations. And 25 years later we finally can have a small return. Don't you realize that most boards are aware of that foolishness and opt to encourage a reasonable reflection of the company;s prospects?

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