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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.65+1.5%Dec 2 3:59 PM EST

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To: Voltaire who wrote (49919)11/14/1999 9:50:00 PM
From: Keith Feral  Read Replies (1) of 152472
 
Voltaire: Great suggestions!! Selling stock right now is very counterproductive. Let me give you an illustration how insane it is to give up your cost base in this environment. I had a friend sell 300 of his 1000 shares in order to pay off car loans and other general BS. That was after the Everen report spooked the share price $25 in one day. He really didn't need the money that bad.

After the 4 for 1 split, he is only going to have 2800 shares instead of 4000 shares. Assuming the stock splits at $100 or better, he left $120 K on the table in pure profit.
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