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: LindyBill who wrote (47848)	11/4/1999 5:38:00 PM
From: Bux	Read Replies (2) of 152472

If you had bought 951 shares at the IPO, you would be a "Quillionaire" today! Just a reminder, for this to work the shares must be held tight. Too many novice (as well as seasoned) investors sell a portion of their best stocks just because they have appreciated so much. Even books on investing regularly recommend this dubious practice. IMHO, this is the most common mistake investors make. Don't sell until you need to spend the gains or the future prospects of the company undergo a fundamental change for the worse. Maybe I should write a book titled "Exponential Investing." Yesterday's gain of $35/share was worth more to me than my entire initial investment in QCOM. If I had sold along the way, I doubt that would be the case. Bux Bux

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