Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.35

-0.4%

Dec 4 3:59 PM EST

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To: fedhead who wrote (57902)	12/29/1999 8:38:00 PM
From: Mark The Trader	Read Replies (2) of 152472

You dont think so?? People will play the split, and would you want to pay taxes this year or wait 2 days to sell and pay estimated taxes the first quarter of 2000. There is a risk of it selling off Friday after the split. Institutions wont be selling over the next 2 days . I never said I thought it would correct this week , maybe next week , but we all know the Nas will correct probably in February . Anyway I bought this morning at $ 563 , sold 1/2 position at $ 703 . I will hold the rest until next week . Do I care about the tax bite ? Naa having a stock go up $ 140 in a day I have to take some off the table. Why did I sell , because I never get too greedy :_} Mark

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