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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.59-3.9%3:59 PM EST

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To: YlangYlangBreeze who wrote (49101)11/11/1999 11:44:00 AM
From: slacker711  Read Replies (2) of 152472
 

quebrada...I am going to preface this by saying I don't know the situation you are in nor do I know your risk tolerance.

That being said, I still think you should reevaluate the level of margin which you are willing to use with Qualcomm. I can think of about 4 times in the last 6 months in which the Q has fallen 20-30%. This would put us between 240-270. There have been a number of great stories in the last couple of months in which people have been able to reach their dreams due to their investment in Qualcomm. I really hope never to read this board and hear people talking about margin calls....

I know that the various technical prognisticators have forecast that Q will be at 400…..and I agree I just don't know if it will be at 250 before it hits 400. Good luck...

Slacker
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