Gorilla and King Portfolio Candidates Message Board

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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: StockHawk who wrote (9270)	11/2/1999 6:13:00 PM
From: StockHawk	Read Replies (2) of 54805

>>The risk of selling some Q as a hedge against an earnings-related sell-off is that they could have an upside earnings surprise and perhaps announce a stock split. Last time it split the stock was around $160. Strong earnings, bullish comments going forward and a split could easily cause a jump of 10% or more. << Frank, With the 4:1 split announcement QCOM is trading at around $240 after hours and will likely be up strongly tomorrow. I'm sure your question about possibly selling some Q before earnings, and the eight or so responses NOT to sell (including mine above) encouraged many to stay the course, or perhaps buy a bit more. Time for a well deserved toast to the Q. I probably would not have invested in QCOM (since it had already run up so much) without the insightful posts on this thread. Thanks to you and many others for this fine forum - which, like QCOM, keeps getting better. StockHawk

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