Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: marginmike who wrote (43631)	10/7/1999 2:17:00 AM
From: cfoe	Read Replies (2) of 152472

<never listen to a stock broker> One of my broker's suggested that I sell my Q position (then a mere 400 shares) because "it's the only one in your portfolio that hasn't done anything." Since he put me into Amgen along with a few other winners, I did not take it as an attempt to make money for himself. Only as a sign that he did not know about Q. The very next morning was the first announcement that Q and Ericy might settle, and the rest is history. Needless to say, he has never questioned my subsequent purchases of Q. In fact, a hedge fund he is involved with (run by his father) took a position in Q during the recent downdraft. But the bottom line is, whether from greed or ignorance, the broker who said to sell Q IS WRONG!

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