Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 164.55

+3.1%

3:49 PM EST

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To: KyrosL who wrote (49690)	11/13/1999 5:25:00 AM
From: Mike Torrence	Read Replies (2) of 152472

KyrosL, In nearly twenty years of investing I have never seen anything like Qs recent run. Four Friday's ago Q closed the session at 198.5 (10/15). Unbelievable! That's a gain of 90.4% in twenty trading sessions. I am extremely grateful and I feel very lucky. Now my challenge is to hold on. I stated in my original SI profile that I was an "investor", not a "trader". We shall see if I can really be an investor. It's like having a tiger by the tail. I have no interest in playing with options (writing calls, buying puts or writing them etc.). I've got to remember that this is only the beginning of the wireless revolution. This is the first inning. Part B of my strategy is to spend less time in front of the computer. It's too easy for me to get nervous and book this profit prematurely and in my opinion any sale of Q in the next three to five years will be premature. Anyway, that's my game plan. Congratulations to all Q longs. It's been a great week. MiQe Torrence

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