Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 155.82

-1.3%

3:59 PM EST

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To: T L Comiskey who wrote (38451)	8/21/1999 11:27:00 PM
From: Sig	Read Replies (1) of 152472

Re phone nos: Here is how I call the nearest town Dial 1010-810-1-817-594-xxxx. A digital world(G) <<< you buying here at the high...or waiting for a bump in the road.............?.>>> The way I worked it in the old days was to: 1. Buy some if it looks good.(which it does) 2. If it goes up then each time it moves up 12% or 15% buy more. 3. If it goes down maybe 20% be ready to dump it. (The buying was easy, when to sell is critical and I am not too good at it. But it did get me out of many bad stocks that I thought were good but weren't, including CPQ in October 1997.) After becoming familiar with the stock and confident, then buying on dips would be good. But overall it is more important to sell another stock which isn't moving or is going down and put that money in (for example) qcom, than it is to wait for a possible dip. In this case I recently sold some EDS and Csco which have not been moving and used some of that to buy Qcom. Hope there is some vaguely usable idea here somewhere(hehe),and to be more precise, nowadays I often buy calls rather than buy the stock. Mo-Mo Sig

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